Sebi weighs easing AMC pay disclosures as industry flags privacy concerns
New Delhi, June 10 -- The Securities and Exchange Board of India (Sebi) has proposed a review of disclosure rules for remuneration of mutual fund executives, signalling a possible shift away from employee-level salary disclosures towards a more consolidated framework.
In a consultation paper issued on Wednesday, the markets regulator sought comments on proposals to rationalize existing disclosure requirements while maintaining transparency for investors. The move follows industry representations that the current framework is overly granular, raises privacy concerns and offers limited additional value to investors.
Under the existing rules, asset management companies (AMCs) must disclose the names, designations and remuneration of their ...
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