44/2026, announced an enhanced approach for inspection of market intermediaries commencing from Financial Year 2026-27. The inspection framework adopts a dynamic risk-based approach incorporating new risk parameters for identifying entities for inspection. SEBI has rationalised its inspection programme to approximately one-third of the inspections conducted in the previous financial year, considering regular inspections already undertaken by Stock Exchanges and Depositories. Joint inspections by different SEBI departments will be undertaken for entities holding multiple intermediary registrations where feasible. Securities and Exchange Board of IndiaPR No.44/2026SEBI streamlines inspection of market intermediariesThe Securities and Exchange Board of India (SEBI) streamlines Stock Broker and Depository Participant inspections by mandating joint inspection by stock Exchanges and Depositories.