The IFSCA issued the “Guidelines on Cyber Security and Cyber Resilience for Market Infrastructure Institutions (MIIs) in IFSC” establishing a prescriptive and comprehensive cybersecurity framework tailored for stock exchanges, clearing corporations, depositories, and the bullion exchange operating within GIFT IFSC.
The Guidelines are structured around seven core cybersecurity functions: Govern, Identify, Protect, Detect, Respond, Recover, and Resilience, mirroring globally recognised frameworks while embedding the operational and jurisdictional realities of GIFT IFSC. Key highlights of the Guidelines include Board-Level Governance & Accountability; Future-Ready: PostQuantum Cryptography (PQC); 24×7 Cyber Security Operations Centre (C-SOC); 24×7 Cyber Security Operations Centre (C-SOC); Third-Party & Supply Chain Risk; ISO 27001 Certification; Alignment with National Standards etc.
The Guidelines came into effect on April 1, 2026.
MIIs are required to achieve full compliance within the timelines prescribed in the respective provisions of the Guidelines.
Detailed guidelines are available – https://ifsca.gov.in/CommonDirect/GetFileView?id=d575554ec59b09e7fde503d3a8d614a8&fileName=C
ircular_Guidelines_CSCR_MIIs_20042026_20260420_0617.pdf
For details: CLICK HERE
