SEBI says too early to judge CAS impact, analysing feedback

SEBI chairperson Tuhin Kanta Pandey has said it is too early to conclude how market participants have adopted the Common Account Statement (CAS). The regulator is closely monitoring feedback from various stakeholders and analysing data, including that related to expiry dates, to assess the impact of CAS on markets.

Pandey said SEBI has not received any concerns about tracking errors in CAS so far. The regulator is prepared to make changes if any problems emerge, but no immediate decision has been taken. SEBI will first take time to analyse available data and feedback before deciding on further steps.

Pandey added that attracting foreign portfolio investment (FPI) remains important, and SEBI is examining whether CAS can help increase foreign investor participation. The regulator is also reviewing suggestions received on CAS to see which ones can be implemented to improve the system.