(PTI)
The Securities and Exchange Board of India (SEBI) will set up a committee to review provisions for its members to disclose conflict of interest, months after the capital markets regulator’s former head was accused of holding back on investigations against Adani group because of conflict of interest.
SEBI in its first meeting under new chairman Tuhin Kanta Pandey decided to set up a high-level committee to conduct a detailed review of conflict of interest and disclosure norms related to property, investments and liabilities of board members and officials.
The panel will comprise eminent persons and experts with relevant backgrounds and experience in constitutional or statutory or regulatory bodies, government/ public sector, private sector and academia, Pandey said adding names of members of the committee will be announced in due course.
