2025-04-04
SEBI mandates Market Infrastructure Institutions to adopt a standardized format for System and Network audit reports to enhance data quality and regulatory compliance. The directive requires MIIs to implement this new template for audits conducted during the second half of FY 2024-25 or the full FY 2024-25, depending on their audit frequency. This change aims to streamline reporting, ensure consistent capture of IT resilience requirements, and facilitate traceability through unique observation IDs.