SEBI fines NSE Data and Analytics ₹12 lakh for IT infrastructure and compliance violations.
The Securities and Exchange Board of India (Sebi) has fined NSE Data And Analytics Ltd ₹12 lakh for failing to maintain separate IT infrastructure from its parent, the National Stock Exchange (NSE). Violations included inadequate disaster recovery plans, delays in investor communication, and issues with cybersecurity and KYC compliance. NSE Data And Analytics has 45 days to pay the fine and claims to have implemented corrective measures.
September 30, 2024
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