SEBI's Revised 'Skin-in-the-Game' Norms Foster Trust and Talent
SEBI's modified 'skin-in-the-game' norms signify a forward-thinking shift in India's mutual fund sector, striking a balance between safeguarding investor interests and retaining talent. The 2021 rule, which originally mandated senior employees to invest 20 per cent of their salary into their AMC's schemes, initially faced backlash due to liquidity constraints, particularly among mid-level staff.