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SEBI Panel on Conflict of Interest, Headed by Pratyush Sinha

10 April 20251 min read
BANKING & FINANCESEBI Panel onConflict ofInterest, Headedby Pratyush Sinha10 April 2025safalsetu.com

Why in the news

Following a recent board decision, SEBI created a panel to tighten ethics and transparency within the regulator.

Key facts

  • Chair: Pratyush Sinha, ex-Chief Vigilance Commissioner.
  • Members: Uday Kotak (founder, Kotak Mahindra Bank), R. Narayanaswamy (former IIM Bangalore professor) and retired bureaucrats with ethics expertise.

Mandate

  • Examine present conflict-of-interest policies.
  • Suggest stronger checks and balances for board members, employees and senior officials.
  • Raise institutional integrity and public confidence.

Significance

  • Aims to strengthen governance at India’s top market regulator.
  • May bring tougher disclosures, recusal norms and accountability.

Exam angle

  • Regulator: Securities and Exchange Board of India.
  • Related terms: conflict of interest, recusal, disclosure norms.

Test yourself

1. Who chairs the SEBI high-level committee on conflict of interest formed in April 2025?

Pratyush Sinha, former Chief Vigilance Commissioner, is the chairperson.

2. The SEBI committee reviews conflict of interest involving whom?

The panel covers SEBI's own board members and staff.

3. Uday Kotak, a member of the SEBI panel, founded which bank?

He is founder of Kotak Mahindra Bank.

This topic is part of Daily Current Affairs 10 April 2025 (24 topics).

All topics of the dayDay quizApril 2025

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