SEBI hits pause on conflict-of-interest reforms for top officials
SEBI, India's market regulator, has decided to hold off on new rules that would make its senior officials disclose their financial details to an independent officer.
The move came after a board meeting on December 17, 2025, and is part of a bigger push to prevent conflicts of interest inside the organization.
What's behind the delay?
Earlier this year, a high-level committee led by ex-Chief Vigilance Commissioner Pratyush Sinha suggested that SEBI leaders should declare all possible conflicts before taking charge.
They also recommended yearly public disclosures of assets by top brass, stricter trading rules for everyone at SEBI, and clear recusal and cooling-off norms for stepping away from decisions when there's a conflict.
Why does it matter?
These changes are meant to make SEBI more transparent and trustworthy—basically making sure no one's playing both sides.
For now though, with the reforms on hold, those big transparency promises are still just plans.