Family Offices: SEBI Weighs a Regulatory Framework
Why in the news
Business families and billionaires increasingly influence markets through listed securities, prompting SEBI to consider oversight.
About family offices
Private entities of ultra-rich families handling investments, taxation and philanthropy; globally they act as institutional investors.
| Type | Role |
|---|---|
| SFO | One family |
| MFO | Many families, advisory-style |
Measures discussed
- Disclosure of entities, assets and returns.
- A separate category for them.
- Better view of market risks.
Exam angle
- Regulator: SEBI; terms: SFO, MFO.
- Likely question: what family offices manage and what SEBI may require them to disclose.