CrackitToday App

SEBI Fines BSE’s ICCL ₹5 Crore for Regulatory Violations

SEBI Fines BSE’s ICCL ₹5 Crore for Regulatory Violations:

The Securities and Exchange Board of India (SEBI) has fined the Indian Clearing Corporation Ltd. (ICCL), a subsidiary of BSE Ltd., ₹5.05 crore for regulatory breaches. The penalty was imposed after an inspection uncovered non-compliance with SEBI’s cybersecurity framework, IT asset management.