TMI BlogCyber Security & Cyber Resilience framework for Stock Brokers / Depository Participants - ClarificationsX X X X Extracts X X X X X X X X Extracts X X X X ..... Subject: Cyber Security Cyber Resilience framework for Stock Brokers / Depository Participants - Clarifications 1. SEBI, vide circular SEBI/HO/MIRSD/CIR/PB/2018/147 dated December 03, 2018 , prescribed the framework for Cyber Security Cyber Resilience for Stock Brokers / Depository Participants. 2. Paragraph 52 of Annexure 1 of the SEBI circular dated December 03, 2018 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ovember 30, 2019 as per the format specified. 3.3. Effective from quarter ending on December 31, 2019, the time period for submission of the report shall be 15 days after the end of the quarter. 3.4. The mode of submission of such reports by the stock brokers / depository participants may be prescribed by Stock Exchanges / Depositories. 4. With regard to periodic audit a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rticipants shall be annual. The periodicity of audit for the compliance with the provisions of Cyber Security and Cyber Resilience provisions for stock brokers, irrespective of number of terminals and location presence, shall be as under: Type of stock broker as specified in SEBI circular CIR/MRD/DMS/34/2013 dated November 06, 2013 Peri ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tation of the provisions of this circular in their Monthly Report. 7. This circular is being issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992 and Section 19 of the Depositories Act to protect the interests of investors in securities and to promote the development of, and to regulate the securities market. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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