The Securities and Exchange Board of India (SEBI), in its board meeting held on March 24, 2025, has decided to constitute a High-Level Committee (HLC) to conduct a comprehensive review of the regulatory framework pertaining to conflict of interest, disclosures, and related matters involving its Members and Officials. The move aims to enhance transparency, accountability, and ethical conduct within the market regulator’s own operations.
The committee will assess provisions linked to property, investments, and liabilities of board members and officials, and recommend improvements to the current framework. The HLC will comprise eminent individuals and experts from diverse backgrounds, including the constitutional, statutory, regulatory, public and private sectors, as well as academia. The names of the committee members will be announced in due course.
The HLC has been tasked with submitting its recommendations within three months from the date of constitution. These recommendations will then be presented to the SEBI Board for further consideration. The initiative reflects SEBI’s continued efforts to uphold the highest standards of governance and integrity within its own ranks.
