2024-12-31
The Securities and Exchange Board of India issued clarifications to its Cybersecurity and Cyber Resilience Framework to address queries from regulated entities regarding implementation. The regulator granted regulatory forbearance until March 31, 2025, and extended compliance deadlines for KYC Registration Agencies and Depository Participants to April 1, 2025. Additionally, provisions concerning Data Localisation have been placed in abeyance pending further consultations.