Sebi for regulation post cost-benefit study -<b>Video</b>

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M Damodaran, chairman, Securities and Exchange Board of India (Sebi) said at a Ficci meet in Mumbai this afternoon that compliance measures will now go through a cost-benefit analysis.

"Every time we need to prescribe additional compliance, write a regulation or introduce a new process, we will examine the cost to those who are at the receiving end...we will factor in the cost of compliance, try and take a call on what the benefits of that compliance are, and only if it passes through a cost-benefit analysis, will we prescibe that conditionality," Damodaran said.