SEBI: Markets regulator SEBI has made several changes in the advisory committee constituted to enhance its technical capabilities and guide it on finding suitable technical solutions for early detection of market anomalies. SEBI said that Sunil Bajpayee has been appointed as the head of the Regulatory Benefits and Technology Solutions Advisory Committee (Alerts). Vajpayee has been the principal advisor (information technology) of telecom regulator TRAI.
was formed in December 2021
Let us tell you that this seven-member committee was constituted by SEBI in December 2021. Earlier it was headed by Madhavi Puri Buch, who has now become the first woman chief of SEBI.
Which members are involved
Other members of the committee include Puneet Narang, Head of Corporate Banking Technology India, Deutsche Bank, Girish Keshav Palshikar, Chief Scientist at TCS Research and Innovation, Ratnakar Pandey, Senior Data Scientist at Amazon, Rohan Rao, Senior Data Scientist at h2o.ai, and Head of Compliance, ICICI Group. Subir Saha and SEBI Chief General Manager (ISD) Harini Balaji.
Know what is the work of the committee?
The committee will guide the regulator in recommending future modalities for SEBI as well as improving existing technology projects and framing requirements for various internal systems.