CCI Proposes New Ethical Investing Rules for Employees
The Competition Commission of India has released draft rules to regulate employee conduct, focusing on stock market investments. These rules aim to uphold confidentiality and ethics among staff. Restrictions are proposed on certain investments to ensure high ethical standards within the regulator's operations.
- Country:
- India
The Competition Commission of India (CCI) unveiled draft rules targeting employee conduct, emphasizing restrictions on stock market investments. These measures are intended to preserve confidentiality and enforce high ethical standards across the organization.
The proposed norms will prohibit employees from making certain investments, except in mutual funds and non-convertible financial instruments. The restrictions also extend to investments by immediate family members of employees.
Stakeholder feedback on these draft rules, aimed at safeguarding sensitive commercial information within the CCI, is open until April 6, 2025.
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