Core functions of recognised stock exchange and recognised clearing corporation

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....anges the core and critical functions shall include but not limited to: a. Vertical 1: Critical operations i. Provision and operation of trading facilities; ii. Record keeping and disclosure of trade related information; iii. IT infrastructure for core and critical functions; iv. Business continuity plan and disaster recovery operations; v. Cyb....

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....ons i. Provision for clearing and settlement; ii. Record keeping of information related to clearing and settlement of trades; iii. IT infrastructure for core and critical functions; iv. Business continuity plan and disaster recovery operations; v. Cyber security and cyber resilience framework. b. Vertical 2: Regulatory, compliance, Risk Managem....

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.... In order to ensure the segregation of regulatory departments, every recognised stock exchange and recognised clearing corporation shall adopt a "Chinese Wall" policy which separates the regulatory departments of the recognised stock exchange or recognised clearing corporation from the other departments. The employees in the regulatory departments shall not communicate any information concerning r....

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....l be considered as regulatory departments in a Stock Exchange:- (a) surveillance, (b) listing, (c) member registration, (d) compliance, (e) inspection, (f) enforcement, (g) arbitration, (h) default, (i) investor protection, (j) investor services, (4) Departments handling the following functions shall be considered as regulatory departments in a Clearing Corporation....