https://www.taxtmi.com/circulars?id=66192 Designation of certain stock brokers as Qualified Stock Brokers (QSBs) triggers enhanced obligations: board-level oversight and dedicated committees, documented risk management policies covering KYC, operational, technology and outsourcing risks, surveillance of client behaviour, scalable IT capacity, and frameworks for orderly wind-down. QSBs must implement robust cybersecurity programs with dedicated security teams, regular VAPT and penetration testing, Business Continuity and Disaster Recovery procedures, investor service centers and online complaint redressal, periodic CERT IN audits, and submit prescribed reports to stock exchanges for enhanced monitoring. en-us Mon, 06 Feb 2023 00:00:00 +0530 Tue, 07 Feb 2023 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=66192 Designation of certain stock brokers as Qualified Stock Brokers (QSBs) triggers enhanced obligations: board-level oversight and dedicated committees, documented risk management policies covering KYC, operational, technology and outsourcing risks, surveillance of client behaviour, scalable IT capacity, and frameworks for orderly wind-down. QSBs must implement robust cybersecurity programs with dedicated security teams, regular VAPT and penetration testing, Business Continuity and Disaster Recovery procedures, investor service centers and online complaint redressal, periodic CERT IN audits, and submit prescribed reports to stock exchanges for enhanced monitoring. Circulars SEBI Mon, 06 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66192