Sebi Proposes Sweeping Revamp Of Technology Rules For Stock Exchanges

Sebi Unveils Ambitious Overhaul of Tech Regulations for Financial Markets

The Securities and Exchange Board of India (Sebi) is set to introduce a comprehensive overhaul of technology and cybersecurity regulations governing stock exchanges, clearing corporations, and depositories. This initiative is designed to streamline existing rules, remove redundancies, and bolster cyber defenses, ultimately enhancing the overall business environment.

With a focus on creating a cohesive framework, Sebi's proposal encompasses essential areas such as audits, capacity planning, disaster recovery, and algorithmic trading. The regulator's efforts reflect a commitment to not only tighten security measures but also to facilitate more efficient operations across the financial sector.