Cyber security framework mandated for national commodity derivatives exchanges; requires governance, resilience measures and compliance reporting. SEBI mandates a cyber security and cyber resilience framework for National Commodity Derivatives Exchanges, extending the MIIs framework to commodity derivatives markets. The framework covers Governance; Identify; Protection; Monitoring and Detection; Response and Recovery; Sharing of Information; Training; and Periodic Audit. Exchanges must amend bye laws/rules, implement the measures and report implementation status to SEBI. The circular is effective from January 1, 2017 and is issued under SEBI's regulatory powers to protect investor interests and regulate the securities market.
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Cyber security framework mandated for national commodity derivatives exchanges; requires governance, resilience measures and compliance reporting.
SEBI mandates a cyber security and cyber resilience framework for National Commodity Derivatives Exchanges, extending the MIIs framework to commodity derivatives markets. The framework covers Governance; Identify; Protection; Monitoring and Detection; Response and Recovery; Sharing of Information; Training; and Periodic Audit. Exchanges must amend bye laws/rules, implement the measures and report implementation status to SEBI. The circular is effective from January 1, 2017 and is issued under SEBI's regulatory powers to protect investor interests and regulate the securities market.
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