The authors discuss how the CoI Code falls short of aptly regulating the potential instances of conflict of interest, especially in light of the tech related advancements that have taken place over time.

While the 2025 amendment reflects a commendable effort to bring definitional certainty to the insider training framework, its efficiency hinges on whether SEBI can balance clarity and adaptability.

In light of the emerging complexities and a consequent need for a designated framework to tackle the failure of banks, India must move beyond ad-hoc mechanisms and create a proactive and accountable framework.