CFRT - SEBI Constituted Committee
With the advent of technology SEBI felt the need to integrate technology in financial markets and regulatory mechanism. Accordingly it constituted a Committee on Financial and Regulatory Technologies (CFRT) which is under the Chairmanship of Shri T.V. Mohandas Pai, Chairman, Manipal Global Education. The other members of the committee are experts from various areas such as digital payments, e-brokerage, financing / investment platform, Products/Process Reengineering, Data analytics, eCommerce etc. The Committee would examine, deliberate and advise SEBI on an ongoing basis on the following: i. Recent and medium term trends (within next 5 years) in FinTech developments in securities market worldwide. ii. Opportunities and challenges from new FinTech solutions and its impact on Indian Securities Market. iii. FinTech solutions for further widening and deepening of Indian securities market. iv. Approach and framework for regulatory sandbox in Indian market conditions to facilita
