Disclosure guidelines, conflict of interest definition, other key takeaways in high-level panel's report to SEBI
Published on 12/11/2025 04:54 PM
A high-level panel -- headed by former Chief Vigilance Commissioner Pratyush Sinha -- has prepared and submitted a report on 'Conflict of Interest, Disclosures and Related Matters in respect of Members and Officials' to market regulator SEBI. Calling for stronger conflict-of-interest and disclosure norms, the panel has found SEBI’s existing framework weak and scattered, proposing a host of reforms aimed at boosting transparency as well as public confidence.
The panel's key recommendations include the following aspects:
Here are 10 key takeaways from the report by the panel, which was formed during Madhabi Puri Buch’s tenure as SEBI Chairperson following the alleged controversy over her asset disclosures involving her and her family: