Securities and Exchange Board of India issues disaster recovery guidelines for exchanges

The Securities and Exchange Board of India (SEBI) has issued guidelines on business continuity and disaster recovery for exchanges and depositories in order to ensure their preparedness in case of a natural calamity, reports the Hindu Business line.

The regulator's technical advisory committee has said that exchanges and depositories should have a Business continuity plan and a disaster recovery site (DRS) to maintain data and transaction integrity.

Apart from DRS, exchanges should also have a near site in a different seismic zone, from their primary data centre to ensure zero data loss.