SEBI has clarified that its cybersecurity framework applies only to systems exclusively used for regulated activities, accepting RBI-equivalent compliance. Critical systems are defined broadly, encompassing core operations and client-facing applications. Zero-trust principles are encouraged, while mobile app guidelines are recommendatory. The regulator also revised thresholds for regulated entities, categorizing Portfolio Managers by AUM and Merchant Bankers based on activity.
‘India more diversified:’ Sebi chief Tuhin Kanta Pandey comments on Taiwan’s market ascent
SEBI chief Tuhin Kanta Pandey emphasized India remains a diversified market despite Taiwan overtaking its market value. Driven by TSMC and the AI boom, Taiwan’s