Sebi has issued show cause notices to executives of PwC, EY, Carlyle and Advent over alleged insider trading linked to YES Bank’s 2022 share sale. The regulator has flagged misuse of unpublished price-sensitive information and serious compliance gaps within top advisory firms.
Former Chief Justice of India Sanjiv Khanna stated that not every case of financial inaction qualifies as a white-collar crime. Speaking at the National Conference on White Collar Crime, he stressed the need for nuanced understanding of economic offences.
