Abstract

India has become a testimony to witness significant developments in compliance and technology in the securities market. The Securities Exchange Board of India plays a vital role in the regulation of the securities market in India. It was established for the smooth functioning of the market and to protect the investor interests. As, technology has in many ways become a boon for mankind, the role of information technology, artificial intelligence and other technological advancements has paved its way and delved into the Securities Market enabling individuals to purchase stocks at ease. After scams such as Harshad Mehta case various initiatives have been put forward to protect the investors interest and prevent any malpractices in the securities market. It can also be seen that India has also been leveraging compliance with the help of technology such as different AI strategies, Blockchain, Reg Tech and Fin Tech as these ensures that all the legislative framework governing securities market is at compliance with the laws. Compliance is one of the key features that denotes market integrity, is being influenced by rapid technological advancement which is dealt in this paper. This paper gives an overview on how technology is facilitating compliance and deals with various types of technologies which is aiding in compliance.

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