New Delhi, April 9 -- The market regulator has set up a committee to review and strengthen the regulations governing conflict of interest and disclosures by members and officials of the Securities and Exchange Board of India (Sebi).

The high-level committee's mandate is to "comprehensively review and make recommendations for enhancing the existing framework for managing conflicts of interest, disclosures and related matters towards ensuring the high standards of transparency, accountability, and ethical conduct of Members and Officials of the Board," according to a Sebi statement on Wednesday.

The panel will be chaired by Pratyush Sinha, former chief vigilance commissioner, while Injeti Srinivas, former secretary, ministry of corporate ...