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    <title>System and Network Audit of Market Infrastructure Institutions (MIIs)</title>
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    <description>SEBI mandates a revised System and Network Audit regime for Market Infrastructure Institutions requiring independent auditors selected under specified norms to assess governance, IT and network architecture, security, change control, business continuity, vendor management and related areas. Audit reports must include issue logs, risk rated non compliances, remediation plans, evidence and management responses, be placed before the Governing Board and submitted to SEBI with a joint MD/CEO and CTO declaration. Follow on audits or verified Action Taken Reports must close findings within prescribed timelines; special audit frequency applies for systems designated as protected.</description>
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