https://www.taxtmi.com/highlights?id=87209 SEBI issued a standardized circular mandating a comprehensive format for System and Network audit reports for Market Infrastructure Institutions (MIIs). The circular establishes a uniform template to enhance data quality, regulatory compliance monitoring, and observation traceability across stock exchanges, clearing corporations, and depositories. Applicable from FY 2024-25, the directive requires MIIs to implement the new reporting framework, including amendments to existing bylaws and regulations. The standardized format introduces a unique observation identification system and detailed compliance tracking mechanisms to improve technological risk management and regulatory oversight in financial market infrastructure. en-us Mon, 07 Apr 2025 18:59:50 +0530 Mon, 07 Apr 2025 18:59:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=87209 SEBI issued a standardized circular mandating a comprehensive format for System and Network audit reports for Market Infrastructure Institutions (MIIs). The circular establishes a uniform template to enhance data quality, regulatory compliance monitoring, and observation traceability across stock exchanges, clearing corporations, and depositories. Applicable from FY 2024-25, the directive requires MIIs to implement the new reporting framework, including amendments to existing bylaws and regulations. The standardized format introduces a unique observation identification system and detailed compliance tracking mechanisms to improve technological risk management and regulatory oversight in financial market infrastructure. Highlights SEBI Mon, 07 Apr 2025 18:59:50 +0530 https://www.taxtmi.com/highlights?id=87209