India’s Securities and Exchange Board of India has widened its pool of forensic audit firms, adding 18 more companies to the regulator’s approved panel. The move expands the resources available to SEBI as it reviews market-related cases that may require deeper financial examination.
According to the update, the expanded panel now includes well-known firms such as Ernst & Young and KPMG Assurance and Consulting Services. The broader roster suggests SEBI is strengthening its ability to assign specialized forensic reviews when needed.
Forensic auditors are typically brought in to examine complex financial records, trace transactions and identify possible irregularities. By increasing the number of firms on its panel, SEBI appears to be improving flexibility and capacity in handling matters linked to oversight of India’s securities markets.
The expansion comes as regulatory scrutiny and compliance expectations remain important themes for listed companies, intermediaries and investors. A larger forensic auditor panel can help the regulator draw on more expertise for investigations and market supervision.
