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HomeMarket NewsSEBI Board Meeting Live Updates: FPI disclosure threshold doubled, High-Level Committee on conflict of interest under review
SEBI’s board, under new chairman Tuhin Kanta Pandey, met today to discuss key regulatory changes, including FPI disclosures and conflict of interest norms. Stay tuned for live updates.
The Securities and Exchange Board of India (SEBI), in its latest board meeting, introduced key regulatory changes aimed at enhancing market transparency, governance, and investor protection. Among the major decisions, SEBI doubled the disclosure threshold for Foreign Portfolio Investors (FPIs) from ₹25,000 crore to ₹50,000 crore, ensuring better oversight of large investors.
The regulator also announced a review of the High-Level Committee (HLC) on conflict of interest, which will assess and recommend improvements in board member disclosures related to property, investments, and liabilities. The committee is expected to submit its recommendations within three months.
SEBI has retained the existing process for appointing Public Interest Directors (PIDs) at Market Infrastructure Institutions (MIIs) while requiring MIIs to record and justify non-reappointments. Additionally, MIIs will now set a minimum cooling-off period for their Key Managerial Personnel (KMPs) and Managing Directors before joining competing MIIs.
Further, SEBI expanded fee collection flexibility for Investment Advisors (IAs) and Research Analysts (RAs), allowing them to charge clients up to one year in advance, up from the previous limits of two quarters and one quarter, respectively.
Stay tuned for more updates.
