Guidelines for Business Continuity Plan (BCP) and Disaster Recovery (DR)

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..... xchanges /depository system may not only affect the market integrity but also the confidence of investors. In order to address this issue, the current BCP - DR setups of some of the stock exchanges having nation-wide terminals and depositories were examined by the Technical Advisory Committee of SEBI (TAC). Based on the recommendations of TAC, the broad guidelines for BCP - DR are given below: i .....

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..... ftware, application environment, network and security devices and associated application environments of DRS / NS and PDC should have one to one correspondence between them. b) Exchanges / Depositories should have Recovery Time Objective (RTO) and Recovery Point Objective (RPO) not more than 30 minutes and 4 hours, respectively. c) Solution architecture of PDC and DRS / NS should ensure high a .....

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..... during disasters. vi. DR Drills / Testing a) DR drills should be conducted on quarterly basis. In case of exchanges, these drills should be closer to real life scenario (trading days) with minimal notice to DR staff involved. b) During the drills, the staff based at PDC should not be involved in supporting operations in any manner. To begin with, initial three DR drills from the date of this .....

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..... ges and depositories should be well documented covering all areas as mentioned above including disaster escalation hierarchy. b) The stock exchanges should specifically address their preparedness in terms of proper system and infrastructure in case disaster strikes during business hours. c) Depositories should also demonstrate their preparedness to handle any issue which may arise due to tradi .....

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..... , will be required to comply with these guidelines before recommencement of trading on their own platforms in terms of Circular No. MRD/DSA/SE/Cir-12/09 dated October 07, 2009. 4. This circular is being issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992 to protect the interests of investors in securities and to promote the developme .....

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