“AI will be an important part of our regulatory agenda. AI can improve surveillance, risk assessment, fraud detection, and investor servicing. But it also brings risks relating to opacity, bias, data protection, cybersecurity, and accountability. SEBI will issue detailed guidelines on the responsible use of AI in capital markets,” Pandey said. He was speaking at the ET NOW Markets Summit 2026.
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He added that IOSCO’s (International Organization of Securities Commissions) AI supervisory toolkit would be suitably integrated into Sebi’s AI strategy for regulated entities. Pandey said the next phase would be guided by the recommendations of an expert panel constituted to draw the five year and 10- year roadmap for market infrastructure institutions.