Daily
250 words
6/10
Rating

12 September 2026

SEBI proposal for MIIs IT framework

The proposal concerns the regulatory framework of SEBI, a statutory body, and addresses critical cybersecurity infrastructure, which is a direct syllabus topic for GS2 and GS3.

1 min read Day 2 of 2 1 questions 1 prelims

Notes

  • SEBI has proposed extending the existing IT and cyber security framework currently applicable to Market Infrastructure Institutions (MIIs) to their subsidiaries.
  • MIIs include stock exchanges, depositories, and clearing corporations.
  • The proposal aims to strengthen regulatory oversight over the entire ecosystem of MIIs.
  • Currently, the applicability and regulatory jurisdiction of SEBI's IT and cybersecurity frameworks are not explicitly defined for the subsidiaries of MIIs.
  • SEBI noted that MIIs often utilize the services of their subsidiaries for critical activities, necessitating close operational coordination.

Part of a longer story

This is day 2 of 2 in SEBI IT and Cyber Security Framework for Market Infrastructure Institutions, which has been running since 25 August 2026. Reading it whole is usually worth more than reading today alone — the exam asks how something developed.

Questions

  1. Discuss the rationale behind SEBI's proposal to extend IT and cybersecurity frameworks to the subsidiaries of Market Infrastructure Institutions (MIIs) in the context of financial market stability. 150 words
    Attempt this — 150 words in 8 min
    0 / 150 words 8:00

Prelims

  1. Which of the following entities are classified as Market Infrastructure Institutions (MIIs) under SEBI's regulatory framework?