Disciplinary proportionality requires penalties for Authorised Representative misconduct to match proven harm, leading to reconsideration of registrat...
Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
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The circular modifies guidelines for Business Continuity Plan (BCP) and Disaster Recovery (DR) of Market Infrastructure Institutions (MIIs) like stock exchanges, clearing corporations, and depositories. Key changes include mandating a Near Site (NS) for near-zero/zero data loss, ensuring manpower expertise at Disaster Recovery Site (DRS) for independent operations, near-zero Recovery Point Objective (RPO) with data reconciliation methodology, high availability and fault tolerance in solution architecture, and synchronous replication between Primary Data Centre (PDC) and NS for near-zero/zero data loss. MIIs must collaborate on standardizing "near-zero data loss" definition and implement necessary regulatory amendments within the stipulated timeline. The circular aims to protect investors and promote securities market development.
The circular modifies guidelines for Business Continuity Plan (BCP) and Disaster Recovery (DR) of Market Infrastructure Institutions (MIIs) like stock exchanges, clearing corporations, and depositories. Key changes include mandating a Near Site (NS) for near-zero/zero data loss, ensuring manpower expertise at Disaster Recovery Site (DRS) for independent operations, near-zero Recovery Point Objective (RPO) with data reconciliation methodology, high availability and fault tolerance in solution architecture, and synchronous replication between Primary Data Centre (PDC) and NS for near-zero/zero data loss. MIIs must collaborate on standardizing "near-zero data loss" definition and implement necessary regulatory amendments within the stipulated timeline. The circular aims to protect investors and promote securities market development.
Note: It is a system-generated summary and is for quick reference only.
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