Strengthening Market Integrity: Sebi's Call to Auditors
Tuhin Kanta Pandey, Sebi's chairman, emphasized the crucial role of auditors in maintaining market integrity at an ICAI event. He urged them to be vigilant and courageous in asking tough questions to identify financial anomalies early. Highlighting the negative impact of financial fraud on investor confidence, he stressed that forensic accounting should be proactive, not just a post-fraud tool. Pandey noted Sebi's efforts in using forensic audits and regulatory measures to combat unethical practices, underscoring the importance of transparency to foster trust in India’s capital markets.
