Sebi tells Indian National Commodity Derivatives Exchanges to make business continuity and disaster recovery plans
- Published: Tuesday, 17 November 2015 09:46
In a circular published on November 16th 2015, the Securities and Exchange Board of India (SEBI) has informed India’s national commodity derivatives exchanges that they must have robust business continuity and disaster recovery plans in place.
SEBI states that all exchanges must implement a business continuity and disaster recovery policy and must establish a disaster recovery site and a near site. They must also run disaster recovery tests and exercises.
SEBI has given the exchanges until September 30th, 2016, to comply.
Read the SEBI circular (PDF).