SEBI Board to Take Up Conflict-of-Interest Panel Report
Why in the news
An expert panel’s conflict-of-interest norms for SEBI’s senior officials go to the board after governance questions about its former chief.
Key facts
- Meeting date: 17 December 2025.
- Trigger: claims of undisclosed offshore investments against ex-chairperson Madhabi Puri Buch, denied by her and her husband.
- Goal: match global best practice and rebuild trust in the regulator.
| Area | Panel proposal |
|---|---|
| Disclosure | Periodic declarations; cover family, offshore structures, beneficial ownership |
| Cooling-off / recusal | Stay off cases with personal or financial links; possible gap before private jobs |
| Monitoring | Stronger vigilance; real-time conflict tracking |
| Investments | Define permitted and barred assets |
Exam angle
- Terms: cooling-off, recusal, beneficial ownership.
- Assets to define: offshore funds, trusts, startups, algo-trading firms.