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<h1>Regulation 30B requires exchanges to appoint chief technology officer to lead IT risk, policy, systems oversight and audit remediation</h1> Regulation 30B mandates that every recognised stock exchange and recognised clearing corporation appoint a chief technology officer responsible for overseeing and managing technology-related system design, infrastructure, and operations. The officer's core duties include managing risks across all information technology functions, formulating the organisation's information technology policy, and establishing an information technology risk management framework. Additionally, the chief technology officer is tasked with resolving and mitigating issues identified in technology audits. This provision strengthens governance and risk management in market infrastructure institutions by formally assigning accountability for technology systems and related risks at a senior management level.