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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>SEBI Updates Guidelines for Business Continuity and Disaster Recovery Plans for Market Infrastructure Institutions.</h1> The Securities and Exchange Board of India (SEBI) issued revised guidelines for Business Continuity Plans (BCP) and Disaster Recovery (DR) for Market Infrastructure Institutions (MIIs), including stock exchanges, depositories, and clearing corporations. The updated framework mandates MIIs to maintain data integrity with a Disaster Recovery Site (DRS) and a Near Site (NS) to ensure zero data loss. MIIs must conduct regular DR drills, establish Incident and Response Teams, and ensure seamless transition from Primary Data Centres to DRS within 45 minutes in case of a disaster. The BCP-DR policy must be reviewed biannually and approved by the MIIs' governing boards.
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