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Sebi to review PMS regulations: Pandey

Financial Express Lucknow

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February 24, 2026

Consultation paper likely to be released by June

- ANJANA THERESE ANTONY

THE SECURITIES AND Exchange Board of India (Sebi) will carry out a comprehensive review of its Portfolio Managers Regulations 2020 and a consultation paper on this will likely be released by June. The aim is to ensure that the framework remains effective, adaptive, and aligned with evolving market dynamics, Chairman Tuhin Kanta Pandey said on Monday.

“...there are certain things that need to be rationalised,’ Pandey said at the Portfolio Management Services Conclave. He emphasised the need for strong internal controls, clear segregation across business units, and disciplined documentation to improve governance standards and focus on investor suitability.

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