Markets regulator SEBI Chairman Tuhin Kanta Pandey on Monday urged mutual fund trustees to adopt robust early warning systems that can detect irregularities and prompt timely interventions to safeguard investor interests.

Speaking at the Leadership Dialogue for Trustees of Mutual Funds, Pandey emphasised that trustees form the first line of defence in ensuring the integrity of systems and processes within the mutual fund ecosystem.

He asked them not to remain passive recipients of SEBI's reforms, but to engage actively to safeguard the investors.

"When needed, trustees are empowered to act – to question, to escalate, and, if necessary, to intervene," Pandey said.

"This authority carries with it the moral duty to act decisively and fearlessly to protect the interests of investors." Desc

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