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The Economic Times
The Economic Times
Business
Akash Podishetti

Sebi proposes sweeping revamp of technology rules for stock exchanges

Capital markets regulator Sebi has proposed a comprehensive overhaul of the technology and cyber security framework governing stock exchanges, clearing corporations and depositories, with the aim of simplifying regulations, removing overlaps and strengthening cyber resilience.

In a consultation paper issued on Sunday, the regulator proposed consolidating multiple circulars and master circulars into a simpler framework while aligning legacy rules with the Cyber Security and Cyber Resilience Framework (CSCRF). Public comments have been invited until July 13.

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