India

The Securities and Exchange Board of India is an autonomous statutory body that has been set up by the Government of India through the SEBI Act, 1992. It works under the jurisdiction of the Ministry of Finance and acts as the main regulator of the securities market of India.

Protects investors' interests through rules, monitoring, enforcement, and investor education. Regulates stock exchanges, clearing corporations, depositories, brokers, merchant banks, portfolio managers, investment advisers, research analysts, mutual funds, alternate investment funds (AIFs), REITs, InvITs, credit rating agencies, and other intermediaries. Ensures the planned development and growth of the securities markets in India via regulatory changes and innovations in the market. Oversees the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR), governing governance, board structure, disclosure requirements, related party transactions, ESG disclosures, and shareholders' rights. Detection and punishment of insider trading, market manipulation, trade fraud, and unfair trade practices. Recommends risk management models for exchanges, clearing corporations, depositories, and intermediaries to enhance market resilience. Ensures that regulated intermediaries should undertake KYC, customer due diligence, anti-money laundering, counter terrorist financing, identification of beneficial ownership, suspicious transaction reporting, and sanctions screening in accordance with the Prevention of Money Laundering Act (PMLA), 2002.