New Delhi, April 11 -- To strengthen governance standards, the Securities and Exchange Board of India (Sebi) has constituted a high-level committee to review and enhance its conflict of interest and disclosure framework for board members and senior officials.

Mint breaks down what the committee is tasked with, the rationale behind its formation, and what it could mean for the future of transparency at Sebi.

According to Sebi, the committee has been set up to undertake a "comprehensive review of the provisions relating to conflict of interest, and disclosures pertaining to property, investments, and liabilities" concerning the members and officials of the Sebi board.

The aim is to ensure high standards of transparency, ethical conduct, ...