https://www.taxtmi.com/circulars?id=69110 The framework redefines technical glitch as any malfunction in a broker's electronic systems impacting trading or risk management for five contiguous minutes or more, while excluding global provider outages, MII disruptions, KYC processing, non trading back office issues, payment gateway failures at banks/aggregators, and decision support tool errors. Applicability is limited to IBT/STWT brokers with over 10,000 registered clients; brokers must notify exchanges and clients within two hours, submit a Preliminary Incident Report by T+1 and an RCA within 14 working days via a common portal. Capacity planning, software testing, monitoring, and proportionate BCP/DRS obligations are to be implemented and financial disincentives rationalised by exchanges. en-us Fri, 09 Jan 2026 00:00:00 +0530 Sat, 10 Jan 2026 12:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=69110 The framework redefines technical glitch as any malfunction in a broker's electronic systems impacting trading or risk management for five contiguous minutes or more, while excluding global provider outages, MII disruptions, KYC processing, non trading back office issues, payment gateway failures at banks/aggregators, and decision support tool errors. Applicability is limited to IBT/STWT brokers with over 10,000 registered clients; brokers must notify exchanges and clients within two hours, submit a Preliminary Incident Report by T+1 and an RCA within 14 working days via a common portal. Capacity planning, software testing, monitoring, and proportionate BCP/DRS obligations are to be implemented and financial disincentives rationalised by exchanges. Circulars SEBI Fri, 09 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/circulars?id=69110