SEBI Launches iSPOT Portal for Market Infrastructure Institutions to Report Technical Glitches Under Section 11(1)

SEBI has implemented iSPOT (Integrated SEBI Portal for Technical glitches), a web-based platform replacing email-based reporting of technical glitches by Market Infrastructure Institutions (MIIs). The portal, integrated with SEBI Intermediary portal, mandates MIIs to submit preliminary and Root Cause Analysis reports through a centralized system. Effective February 03, 2025, this modification streamlines reporting processes, enhances data quality, enables better traceability of historical submissions, and facilitates automated compliance monitoring. The directive, issued under Section 11(1) of SEBI Act 1992, Regulation 51 of Securities Contracts Regulations 2018, and Section 19 of Depositories Act 1996, requires MIIs to implement necessary systemic changes and regulatory amendments. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X