Regulatory Alerts2025-11-22
Securities and Exchange Board of India (Depositories and Participants) (Third Amendment) Regulations, 2025
The Securities and Exchange Board of India issued the Third Amendment Regulations, 2025, to further amend the Depositories and Participants Regulations, 2018, effective thirty days from publication. The regulations mandate the appointment of executive directors to head specific verticals and introduce new statutory roles for Chief Technology Officers and Chief Information Security Officers with defined risk management responsibilities. Additionally, the amendments clarify the appointment conditions for managing directors and expand their defined roles and responsibilities regarding depository governance and compliance.
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