SEBI requests that exchanges perform a cyber assessment twice a year. In addition to cyber audits, exchanges must conduct periodic vulnerability assessments and penetration testing (VAPT). According to a circular published by the Securities and Exchange Board of India (SEBI) on May 20, stock exchanges and all other market infrastructure institutions (MIIs) would be obliged to perform cyber audits twice a fiscal year.According to the circular, the MIIs “are obligated to undertake thorough cyber audit […]

Retail engagement in the F&O industry would be scrutinised by SEBI. The increased total retail involvement in equities markets has the regulator concerned, since F&O transactions expose inexperienced investors to higher financial risk. Concerned about increased retail involvement in the Futures and Options (F&O) sector, the Securities and Exchange Board of India has launched a research to assess the level of retail engagement in this market, according to Business Line. If necessary, the study’s findings […]

INDIA FOOD SAFETY AND STANDARDS AUTHORITY – New Notification Notification F.No. STD/SP-20/T New Delhi, May 17, 2022 (Recycledplastics-N). — The draught regulations to amend the Food Safety and Standards (Packaging) Regulations, 2018, which the Food Safety and Standards Authority of India proposes to make with prior approval of the Central Government, in exercise of the powers conferred by sub-section (2) of section 92 read with section 23 of the Food Safety and Standards Act, 2006 […]

Governor, Reserve Bank of India meets MD & CEOs of Public and Private Sector Banks On May 17 and 18, 2022, the Governor of the Reserve Bank of India met with the MDs and CEOs of select public and private sector banks. The Deputy Governors, Shri M. K. Jain and Shri M. Rajeshwar Rao, as well as a few top RBI officials, were also present at the sessions. In his opening comments, the Governor emphasised […]

Securities and Exchange Board of India (SEBI )  SEBI/HO/CDMRD/DMP/P/CIR/2022/64MASTER CIRCULAR MAY 17, 2022 Managing Directors/Chief Executive Officers All Stock Exchanges and Clearing Corporations with Commodity Derivatives Segment Sub: Commodity Derivatives Market Master Circular 1.In order to guarantee the availability of complete information indicated in commodity derivatives market circulars in one location, SEBI has started producing Master Circulars including information given in different commodity derivatives sector circulars. The references in the circular to the statutes/regulations that […]