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SEBI Chairman Tuhin Kanta Pandey, at a recent event in Mumbai, highlighted the crucial role of financial intermediaries — including banks, investment firms, mutual funds, brokers, and distributors, act as vital bridges between savers and enterprises, facilitating the flow of funds from those with surplus capital to those in need of financing.

He noted that today’s fast-paced and interconnected markets bring both opportunities and risks, including operational and cyber challenges. Pandey emphasised that intermediaries are not just channels for funds but key players in promoting financial inclusion, investor confidence, and market stability.

"Institutions to step up their governance and transparency standards, and suggested that greater collaboration between regulators and market participants would help to protect investors and maintain market integrity," SEBI chief.

The event, brought together leading investment managers, bankers, and industry experts to discuss the evolving landscape of India’s capital markets.

SEBI chief mentioned that investor protection is made up of clear information, safe assets, and the proper behavior of intermediaries, while market integrity requires the aforementioned attributes. He pointed out that both are interconnected, and thus, they are the factors that not only sustain investor trust but also protect the markets from instability.

Kanta Pandey noted that SEBI has taken several initiatives, including:

Making markets fair, transparent, and resilient is the common goal of each initiative.

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Intermediaries now operate in an environment shaped by digital transformation, global linkages, cyber threats, outsourcing risks, algorithmic trading complexities, and rising customer expectations for faster service. Operational resilience and effective grievance redressal are essential to sustaining investor confidence.