Sebi Proposes Stronger Tech Resilience Norms for Exchanges and Depositories
· Business · Business Standard
The Securities and Exchange Board of India has proposed stricter technology resilience and cybersecurity norms for stock exchanges and depositories. The draft framework aims to strengthen operational risk management and prevent system outages at crucial market infrastructure institutions. The proposed guidelines mandate rigorous testing, robust business continuity plans, and enhanced governance standards for technological architecture. Public feedback on the consultation paper has been invited by the regulator before final rules are implemented.
Why it matters
The proposed rules impact stock exchanges, clearing corporations, and depositories by raising compliance standards to safeguard the Indian financial market from major technical failures.
Read the original report — Business Standard
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