CURRENT AFFAIRS : BANKING & FINANCE
Market regulator Securities and Exchange Board of India mulls consolidated framework for cyber security
- The Securities and Exchange Board of India (SEBI) proposed a consolidated framework for cybersecurity, laying down a common structure for various regulated entities like stock exchanges, brokers, asset management companies and portfolio managers, among others.
- In a consultation paper, titled Consolidated Cybersecurity and Cyber Resilience Framework (CSCRF), the SEBI stated that the new framework would supersede nearly 15 circulars issued separately for various segments since 2015.
