TMI BlogGuidelines for Business Continuity Plan (BCP) and Disaster Recovery (DR)X X X X Extracts X X X X X X X X Extracts X X X X ..... sory Committee of SEBI (TAC). Based on the recommendations of TAC, the broad guidelines for BCP - DR are given below: i. The stock exchanges and depositories should have in place Business Continuity Plan (BCP) and Disaster Recovery Site (DRS) so as to maintain data and transaction integrity. ii. Apart from DRS, stock exchanges should also have a Near Site (NS) to ensure zero data loss. iii. The DRS should be set up sufficiently away, i.e. in a different seismic zone, from Primary Data Centre (PDC) to ensure that both DRS and PDC are not affected by the same disasters. iv. The manpower deployed at DRS / NS should have similar expertise as available at PDC in terms of knowledge / awareness of various technological and procedural s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hanges, these drills should be closer to real life scenario (trading days) with minimal notice to DR staff involved. b) During the drills, the staff based at PDC should not be involved in supporting operations in any manner. To begin with, initial three DR drills from the date of this circular may be conducted with the support of staff based at PDC. c) The drill should include running all operations from DRS for at least 1 full trading day. d) Before DR drills, the timing diagrams clearly identifying resources at both ends (DRS as well as PDC) should be in place. e) The results and observations of these drills should be documented and placed before the Governing Board of Stock Exchange / Depositories. Subsequently, the same alon ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es, currently having no trading on their own platforms, will be required to comply with these guidelines before recommencement of trading on their own platforms in terms of Circular No. MRD/DSA/SE/Cir-12/09 dated October 07, 2009. 4. This circular is being issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market. 5. This circular is available on SEBI website at www.sebi.gov.in under the categories Legal Framework and Circulars . Yours faithfully, B. J. Dilip Deputy General Manager +91-22-26449682 dilipbj@sebi.gov.in - Ci ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
