SEBI has adequate internal mechanisms for addressing issues relating to conflict of interest: MoS Finance

Business and Finance Business and Finance

Mon, December 16, 2024

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SEBI has adequate internal mechanisms for address .. ues relating to conflict of interest: MoS Finance

SEBI has adequate internal mechanisms for addressing issues relating to conflict of interest: MoS Finance

^{Published on 2024-12-16 05:40:47 - Business Today}

Unclaimed and outstanding maturity claims with LIC rises to Rs 880.93 crore in FY24 from Rs 480.78 crore in FY20.

The article from Business Today discusses a statement made by Minister of State for Finance, Pankaj Chaudhary, in the Lok Sabha on December 16, 2024, regarding the Securities and Exchange Board of India (SEBI). He highlighted that SEBI has robust internal mechanisms to manage conflicts of interest, ensuring that its regulatory functions remain unbiased and effective. These mechanisms include stringent policies on insider trading, detailed guidelines on employee conduct, and regular audits to prevent any potential conflicts. Additionally, SEBI's board and committees are structured to include independent members to further mitigate any conflicts. The minister's comments were in response to concerns raised about the impartiality of SEBI's operations, especially in light of recent market manipulations and regulatory scrutiny.

Read the Full Business Today Article at:
[ https://www.businesstoday.in/latest/economy/story/sebi-has-adequate-internal-mechanisms-for-addressing-issues-relating-to-conflict-of-interest-mos-finance-457484-2024-12-16 ]

N@N

SEBI has adequate internal mechanisms for addressing issues relating to conflict of interest: MoS Finance