In a significant move to enhance transparency and integrity within its ranks, the Competition Commission of India (CCI) has unveiled draft guidelines aimed at regulating employee conduct. Titled the Draft Competition Commission of India (CCI) Conduct Rules, 2025, these new regulations impose strict limitations on various financial activities of employees, including prohibiting speculative trading in stocks and commodities.

Key Restrictions on Employee Investments

One of the standout features of the proposed guidelines is the comprehensive ban on certain investment activities. According to the draft, employees are explicitly forbidden from making direct or indirect investments in commodity derivatives, equities, or securities—except for specific exceptions like mutual funds, non-convertible bonds, and debentures. This measure is designed to prevent conflicts of interest and ensure that employees remain focused on their official responsibilities.

• Prohibited Investments:
  • Commodity derivatives
  • Equity and equity-related instruments
  • Speculative trading in stocks

Only investments in the following are allowed:

• Units of mutual funds
• Non-convertible bonds and debentures
• Initial public offerings (IPOs)
• Rights issues for shares already held

Scope of the Guidelines

These regulations extend beyond just the employees themselves. They also encompass investments made by dependent children, wards for whom the employee is a guardian, as well as investments made by spouses and dependent parents or parents-in-law using funds received from the employee. This broad scope aims to cover potential conflicts arising from family investments.

Asset Reporting Requirements

To ensure accountability, the CCI guidelines mandate that all employees submit a detailed report of their assets and liabilities upon their initial appointment. This includes:

• Immovable property owned, inherited, or leased
• Properties held in the name of family members

Restrictions on Foreign Property Acquisition

Additionally, the draft rules place restrictions on employees acquiring immovable property outside of India. This includes purchases, mortgages, or gifts made either in their name or that of family members, further tightening the leash on financial dealings that may pose a risk to public trust.

Post-Retirement Employment Limitations

Retired employees of the CCI will also face restrictions. They are prohibited from taking up commercial roles for a year after leaving their positions. Furthermore, any part-time work for private entities or individuals must receive prior approval from the commission, which will only be granted in exceptional circumstances where it does not interfere with the employee’s official duties.

In conclusion, the Draft Competition Commission of India (CCI) Conduct Rules, 2025 aim to bolster ethical standards and maintain the commission’s integrity. As these guidelines move forward, they may serve as a model for other organizations seeking to enhance transparency and accountability within their workforce. For more insights on corporate governance trends, check out our related articles on corporate ethics and regulatory compliance.