Pandey called it a major development for the financial ecosystem. Speaking at a BSE Brokers Forum event, he said SEBI is shifting from “reactive supervision to predictive oversight.” The regulator’s upgraded data warehouse now generates alerts to detect pump-and-dump trades and fraudulent bulk deals in real time.

He noted that pump-and-dump schemes show recognizable patterns. The new surveillance technology will help track manipulative trading with data insights. SEBI is also working on a safety net for depository participants to manage outages efficiently, similar to systems for stockbrokers.

Pandey added that SEBI is simplifying FPI registration and enhancing investor protection through technology-driven platforms like the Unified Investor App and the upgraded SCORES grievance system, which improves transparency and complaint resolution.

The post SEBI Plans Remote KYC Access for NRIs in Coordination with UIDAI, RBI appeared first on India Podcast.