The Securities and Exchange Board of India (SEBI) announced that its High Level Committee (HLC) reviewing conflict of interest provisions and disclosure requirements for SEBI members and officials has submitted its report to the SEBI Chairman. The HLC was constituted following the SEBI Board meeting on 24 March 2025 to conduct a comprehensive review of policies on conflicts of interest and disclosures relating to property, investments and liabilities, and to identify gaps or ambiguities. Its terms of reference also covered recommendations for a strengthened framework including a recusal policy, public disclosure requirements, restrictions on investments, maintenance of digital records and monitoring arrangements, as well as a mechanism for members of the public to raise concerns and a process to examine complaints. The committee, chaired by former Chief Vigilance Commissioner Pratyush Sinha, submitted the report on 10 November 2025 in Mumbai.
Securities & Exchange Board of India 2025-11-10
Securities and Exchange Board of India receives High Level Committee report on conflicts of interest and disclosures for SEBI members and officials
The Securities and Exchange Board of India's High Level Committee has submitted its report on conflict of interest provisions and disclosure requirements for SEBI members and officials. The report, chaired by former Chief Vigilance Commissioner Pratyush Sinha, recommends a strengthened framework including a recusal policy, public disclosure requirements, and mechanisms for public complaints.