SEBI Forms Expert Panel for Analytical, Cost-Benefit Driven Regulatory Reforms

India's market regulator, SEBI, is forming a permanent External Experts Advisory Committee (EEAC) to adopt a more analytical and cost-benefit-driven approach to regulatory changes. This committee, chaired by the Chief Economic Advisor, will compare regulations with global standards, assess impacts, and recommend improvements to enhance effectiveness and ease of compliance. The EEAC will operate independently of SEBI management, reporting directly to the SEBI Board, with its composition reviewed every three years.