Mumbai: The Securities and Exchange Board of India(Sebi) on Wednesday said it has set up working groups to suggest ways to simplify various rules and ease the compliance process and cost reduction.
The regulator said, following the budget announcement for FY24, it formed 16 working groups, under the aegis of its standing advisory committees.
These groups are reviewing compliance requirements under various regulations applicable for regulated entities, such as equity and debt listed companies, mutual funds, stock brokers, alternative investment funds, REITs/InvITs, portfolio managers, custodians, investment advisers and research analysts.
It has sought public comments by November 6.
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