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of <h1>SEBI Clarifies Cybersecurity Framework; Compliance Extended for KYC Agencies and Depository Participants Until April 2025.</h1> The Securities and Exchange Board of India (SEBI) has issued clarifications to its Cybersecurity and Cyber Resilience Framework (CSCRF) for regulated entities. The framework, effective January 1, 2025, aims to enhance cybersecurity measures. Regulatory forbearance is granted until March 31, 2025, allowing entities to demonstrate progress without facing regulatory action. Compliance deadlines for KYC Registration Agencies and Depository Participants are extended to April 1, 2025. Data localisation guidelines are on hold pending further consultation. This circular is issued under the Securities and Exchange of India Act, 1992, to safeguard investor interests and regulate the securities market.
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