Sebi, India’s markets regulator, is planning to bring India's billionaire family offices under its oversight. The market regulator has reportedly begun discussions in this regard, Bloomberg reported. The development comes as the nation’s billionaires become a growing force on exchanges, according to people familiar with the matter. Currently, there is no specific regulation for family offices in India.

Reason behind the Sebi move

Sebi wants more visibility into how sprawling family-run conglomerates invest in publicly traded securities and the potential risks, said the news agency, quoting sources. However, the final shape and timing of the new rules are unclear.

What did Sebi discuss?

The Sebi discussions include asking family offices to disclose their entities, assets and investm

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