SEBI Accuses EY, PwC Employees Of Insider Trading During Yes Bank Deal In 2022

YES Bank Share Sale Under Scanner: SEBI Alleges Insider Trading by PwC, EY Executives

YES Bank Share Sale Under Scanner: SEBI Alleges Insider Trading by PwC, EY Executives The Securities and Exchange Board of India (SEBI), India’s market regulator, has accused several people of breaking insider trading rules during YES Bank’s 2022 share sale. The allegations involve top and former executives from the Indian branches of big accounting firms PwC […]

SEBI Accuses EY, PwC Employees Of Insider Trading During Yes Bank Deal In 2022

India’s capital markets watchdog, the Securities and Exchange Board of India (SEBI)has taken the rare step of accusing current and former executives from global consulting firms EY and PwC of breaching insider trading norms, according to a regulatory notice reviewed by Reuters. The action highlights increased scrutiny of compliance among advisers and private-equity professionals involved in high-profile transactions. Allegations in the Yes Bank …