Why does SEBI, India’s securities regulator, follow a conflict of interest code that’s voluntary and possibly outdated? With Parliament’s Public Accounts Committee investigating claims of regulatory conflicts, Sucheta Dalal dives into the origins and implications of SEBI’s 2008 Conflict Code. She questions why SEBI’s standards differ from other regulatory bodies and explores the legal uncertainties surrounding the Code’s validity. Watch now to uncover why SEBI’s code could be ‘a riddle wrapped in a mystery inside an enigma’ and what it means for market integrity.
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