NCDEX Circular on Advisory for Financial Sector Organizations regarding Software as a Service (SaaS) based
9 views
Skip to first unread message
secmarkupdates
Jul 7, 2026, 7:15:32 AMJul 7
to UPDATES from SecMark
Date of Issue: 06-07-2026
Highlights of the Circular :
Highlights of the Circular :
The Securities and Exchange Board of India (SEBI) has issued a Circular No. SEBI/HO/MIRSD2/DOR/CIR/P/2020/221 dated November 03, 2020, Exchange circular no. NCDEX/Member Tech Compliance-001/2023 dated Juy,13 2023 on “Advisory for Financial Sector Organizations regarding Software as a Service (SaaS) based solutions”.
The compliance of the advisory shall be reported by Member on half yearly basis that is for the period January 2026 to June 2026, trading members availing/utilizing Software as a Service (SaaS) based solutions/applications are required to submit the report before July 31, 2026. The report is to be submitted through NCFE portal under the Tab 'Compliance', Sub tab 'Information Security', select “Compliance of the SEBI circular regarding Software as a Service (SaaS) based solutions” or Email Id: - inf...@ncdex.com.
Portal Link - Compliance of the SEBI circular regarding Software as a Service (SaaS) based GRC solutions.
Additionally, with reference to Exchange circular no. NCDEX/COMPLIANCE-051/2025 dated September 29, 2025, regarding technology based sharing mechanisms of common submissions among Exchanges, Members of the Exchange who are also registered with NSE shall submit their SaaS reporting to NSE only. Members of the Exchange who are not registered with NSE shall continue to make submissions to the Exchange as per existing process.
Members are requested to take note of the above and ensure compliance.
The compliance of the advisory shall be reported by Member on half yearly basis that is for the period January 2026 to June 2026, trading members availing/utilizing Software as a Service (SaaS) based solutions/applications are required to submit the report before July 31, 2026. The report is to be submitted through NCFE portal under the Tab 'Compliance', Sub tab 'Information Security', select “Compliance of the SEBI circular regarding Software as a Service (SaaS) based solutions” or Email Id: - inf...@ncdex.com.
Portal Link - Compliance of the SEBI circular regarding Software as a Service (SaaS) based GRC solutions.
Additionally, with reference to Exchange circular no. NCDEX/COMPLIANCE-051/2025 dated September 29, 2025, regarding technology based sharing mechanisms of common submissions among Exchanges, Members of the Exchange who are also registered with NSE shall submit their SaaS reporting to NSE only. Members of the Exchange who are not registered with NSE shall continue to make submissions to the Exchange as per existing process.
Members are requested to take note of the above and ensure compliance.
Reply all
Reply to author
Forward
0 new messages