News From Press Amfi to form ethics panel to curb misconduct in asset management companies

Amfi to form ethics panel to curb misconduct in asset management companies

Source: BS May 31, 2023

The Securities and Exchange Board of India (Sebi) is guiding the Association of Mutual Funds in India (Amfi) to form an ethics committee to take action against individual misdemeanours in asset management companies (AMCs).

Speaking at the inauguration of an office of Amfi in Mumbai on Tuesday, Sebi Chairperson Madhabi Puri Buch said the markets regulator was building an institutional mechanism to prevent and deter wrongdoings in the industry.

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