SEBI’S PROPOSED DATA POLICY: RESHAPING FINANCIAL MARKET DATA ACCESS

Published On: 19/11/2024

Authors:

Avimukt Dar
Shreya Suri
Sakshi Sharma
SEBI’s proposed data sharing policy aims to decentralise data sharing by empowering Market Infrastructure Institutions to manage their own data frameworks. It introduces a ‘two-basket’ approach separating shareable from sensitive data, aligns with India’s Digital Personal Data Protection Act, and promotes both accessibility and security. While offering exciting opportunities for researchers and market participants, the policy also presents implementation challenges around infrastructure, standardisation, and compliance. In this Info Alert, INDUSLAW’s Founding Partner Avimukt Dar, Partner Shreya Suri and Associate Sakshi Sharma, seek to provide insights into SEBI’s proposed ‘Policy for Sharing Data for the Purpose of Research / Analysis.