Zerodha co-founder Nithin Kamath has warned that regulatory risk remains the biggest threat for any regulated financial business, pointing to IRDAI’s latest draft on insurance commissions as a fresh reminder of how quickly business economics can change.
"I keep saying this: for any regulated business, the biggest risk is regulatory risk. Today's Irdai draft on insurance commissions is a good reminder," Kamath said in a post on X.
