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Corporate Laws Central Ministry of Finance Securities and Exchange Board of India Act, 1992

NSE - Reiteration of SEBI Circular regarding Clarifications with regard to the Cybersecurity and Cyber Resilience Framework (CSCRF) for SEBI Regulated Entities (REs)

01-Jan-2025 | NSE/INSP/65940

NSE has issued reiteration of SEBI circular regarding clarifications with regard to the Cybersecurity and Cyber Resilience Framework (CSCRF) for SEBI Regulated Entities (REs), effective from 1st January 2025.

By virtue of this circular, SEBI has provided regulatory forbearance with regard to the compliance requirements which are effective from 1st January 2025, till 31st March 2025. Accordingly, for any non-compliance during this period that comes to the notice of the regulator, no regulatory action shall be taken provided the REs are able to demonstrate meaningful steps taken/ progress made in the implementation of CSCRF.

Further, the date of compliance of CSCRF for the following entities has been extended to 1st April 2025 which was earlier 1st January 2025-
1. KYC Registration Agencies (KRAs)
2. Depository Participants (DPs).

Furthermore, the guidelines and provisions with regard to Data Localisation (Data Security Standard (PR.DS.S2)) have been kept in abeyance until further notification.

Please refer to the attached notification for more information.

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