Sebi tightens disclosures for top officials

Sebi’s board has greenlit significant disclosure rule changes for its top brass, including public asset declarations for chairmen and whole-time members, aligning with conflict-of-interest committee recommendations. These officials will now be classified as ‘insiders’ with investment restrictions similar to employees. The regulator also approved netting benefits for foreign portfolio investors in equity trades.

More From Author

Independent directors must act responsibly: Sebi chief

Sebi tightens disclosures for top officials

Leave a Reply