Clarification to Cyber Security & Cyber Resilience framework for Stock Brokers / Depository Participants
Summary
This circular clarifies a terminology change within the Cyber Security & Cyber Resilience framework for Stock Brokers and Depository Participants. Specifically, it replaces the term 'Internal Technology Committee' with 'Technology Committee' in Paragraph 7 of Annexure-1 to the previous circular dated December 03, 2018. Recognized Stock Exchanges and Depositories are directed to notify this change to their respective intermediaries and disseminate the information on their websites.
Text
SEBI vide circular no. SEBI/HO/MIRSD/CIR/PB/2018/147 dated December 03, 2018, has issued compliance norms for Cyber Security & Cyber Resilience framework for Stock Brokers / Depository Participants.
In Para 7, the words “Internal Technology Committee” stands replaced as “Technology Committee”.
The Stock Exchanges/Depositories are directed to bring the contents of this circular to the notice of the Stock Brokers/Depository Participants and also disseminate the same on their websites.
This circular is issued in exercise of powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 to protect the interests of investors in securities and to promote the development of, and to regulate the securities markets.
Source: SecMarx — Clarification to Cyber Security & Cyber Resilience framework for Stock Brokers / Depository Participants. Verbatim text is public record; SecMarx structuring (linkage to applying orders) is cited to us.