Markets regulator, Sebi is in the process of implementing a project on automation of inspections and surveillance of mutual funds, a move that will help in reducing the lag in recognition of violations, its chief Ajay Tyagi said. The Securities and Exchange Board of India (Sebi) is eyeing a major technological leap in its surveillance and investigation functions. "Sebi is also in the process of implementing a project on automation of inspections and surveillance of mutual fund," Tyagi said in the regulator's annual report for 2019-20.
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