MSEI Circular on - Extension towards Adoption and Implementation of Cyber Security and Cyber Resilience Framework (CSCRF) for SEBI Regulated Entities (REs)

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Date of Issue:3-7-2025                

Issuer: MSEI

Extension towards Adoption and Implementation of Cyber Security and Cyber Resilience Framework (CSCRF) for SEBI Regulated Entities (REs)

Highlights of MSEI Circular dated July-3-2025

1. Purpose:
   To strengthen cybersecurity, data protection, and IT infrastructure among SEBI-regulated entities (REs), SEBI had introduced the CSCRF on August 20, 2024.
2. Extension of Timelines:
   Based on multiple requests, SEBI has extended the compliance deadline by 2 months, i.e., till August 31, 2025 for all REs except the following:
   • Market Infrastructure Institutions (MIIs)
   • KYC Registration Agencies (KRAs)
   • Qualified Registrars to an Issue and Share Transfer Agents (QRTAs)
     (These entities must comply within original timelines.)
3. Responsibility of Market Infrastructure Institutions (like Stock Exchanges/Depositories):
   • Inform members/participants about the circular.
   • Publish the circular on their respective websites.
4. Effective Date:
   The circular is effective immediately.
5. Legal Basis:
   Issued under Section 11(1) of the SEBI Act, 1992, aimed at investor protection and market regulation.
6. Availability:
   The circular is published on SEBI’s website under the “Legal” → “Circulars” section.

In case of any clarification or assistance required in the implementation of this circular, you may contact       

Kaushik Jethwa - kau...@secmark.in / 9870210171

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