A high-level committee chaired by former Chief Vigilance Commissioner Pratyush Sinha has handed over a crucial report on conflict of interest and disclosure practices among Sebi officials to market regulator Sebi as of Monday.

The initiative comes after accusations aimed at former Sebi Chairperson Madhabi Puri Buch, and centers on a comprehensive review of current guidelines alongside suggestions for new complaint mechanisms and preventive frameworks.

In a recent meeting, the Sebi board decided on forming the committee to identify ambiguities in existing measures and ensure robust frameworks for managing conflicts. Allegations had previously stalled investigations, but the new report aims to establish clarity and transparency.

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