SEBI Accuses PwC, EY Executives of Insider Trading in Yes Bank Share Sale
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Moneycontrol•30-01-2026, 11:06
SEBI Accuses PwC, EY Executives of Insider Trading in Yes Bank Share Sale
- •SEBI has issued notices to current and former executives of PwC and EY India, along with individuals from Carlyle Group and Advent International, for alleged insider trading.
- •The accusations stem from the sale of Yes Bank shares in 2022, where executives allegedly leaked unpublished price-sensitive information.
- •The notice, issued in November 2025, claims two PwC and EY executives, plus five family members/friends, made illegal gains by trading Yes Bank shares before the 2022 sale.
- •A total of 19 individuals are accused, with 7 trading on inside information and 4 sharing it; 8 PwC and EY executives are cited for weak compliance.
- •SEBI found that both EY and PwC executives breached confidentiality rules, enabling individuals to trade Yes Bank shares before the deal finalization.
Why It Matters: SEBI has accused executives from top firms of insider trading related to Yes Bank's 2022 share sale.
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