Archive · 24 Sep 2025
SEBI Committee Pushes for Asset Disclosure Transparency
A committee within India's SEBI, which regulates the stock market, is recommending that its board members publicly disclose their assets.
This is meant to prevent conflicts of interest, where personal financial interests could affect their decisions.
The HLC, formed in April, discussed its proposals and received positive feedback.
The goal is to apply stricter rules already in place for employees to the board members, ensuring greater transparency.
The current rules have grey areas and require a clear definition.
The report containing these recommendations is due in October.
SEBI's high-level committee (HLC) is working on a new conflict of interest code.
The committee is recommending public disclosure of assets by board members.
Recommendations include aligning employee service regulations and employee training.
The HLC discussed the proposals with the chairman and received positive feedback.
The report is expected to be released in October.
- Who
- SEBI HLC
- What
- Pushing for public disclosure of assets
- When
- Report release expected in October
- Where
- India
- Why
- To increase transparency and address conflicts of interest
Transparency
Privacy
Asset Disclosure
Transparency
Public asset disclosure will enhance transparency.
Privacy
Transparency shouldn't come at the cost of privacy.
- Organization
- Securities and Exchange Board of India (SEBI)
- Committee
- High-Level Committee (HLC)
- Recommendation
- Public asset disclosure for board members
- Objective
- Increase transparency and address conflicts of interest
- Timeline
- Report expected in October
