AIBI was granted recognition by SEBI to set up professional standards for providing efficient services and establish standard practices in investment banking and financial services. AIBI was promoted to exercise overall supervision over its members in the matters of compliance with statutory rules and regulations pertaining to investment banking and other activities. AIBI in consultation with SEBI ‘has been working and continues to work towards capital markets policy formulation, improving disclosures standards in offer documents, as well as meeting the statutory requirement in a systematic manner.