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The Securities and Exchange Board of India has enhanced the cyber security and resiliencies framework of the stock exchanges and other suchinstitutions.
The market regulator has asked the entities to conduct intensive cybersecurity audits twice every year. Alongside the cyber audit reports, the MDsand CEOs must submit a declaration assuring compliance by marketinfrastructure institutions (MIIs) stock exchanges, clearing corporations and depositories that MIIs will follow all SEBI rules and guidelines relating to cybersecurity.
Sebi asks stakeholders to ramp up cyber security, cyber resilience framework
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