Cyber Security Framework in Banks

RBI UPDATE

Reserve Bank of India has issued Cyber Security Framework putting in place an adaptive Incident Response, Management and Recovery framework to deal with adverse disruptions. The framework requires the Banks to place a Cyber Security Framework duly approved by the Board to combat Cyber threats and acceptable level of risk. It is mandated that a Security Operations Center be set up which ensures continuous surveillance and self-update. Banks are further required to take suitable steps for spreading awareness about Cyber security Framework among general public.

Sr. No.	Category	Recent News and Update
1	SEBI	The Securities and Exchange Board of India (Depositories and Participants) (Third Amendment) Regulations, 2016
2	SEBI	Disclosure of the Impact of Audit Qualifications by the Listed Entities
3	MCA	Relaxation of additional fees and extension of time and filing of e-Forms by the Companies under Companies Act, 2013 and for filing of Annual Return (Form 11) by the LLPs under the Limited Liability Partnership Act, 2008
4	MCA	The Companies (Authorised to Register) Amendment Rules, 2016
5	MCA	Constitution of National Company Law Tribunal (NCLT)
6	MCA	Applicability of provisions of Companies Act, 2013
7	MCA	Transfer of matters or proceedings or cases pending before the Company Law Board to National Company Law Tribunal
8	MCA	New Version of Company and LLP e-Forms
9	SEBI	SEBI cautions investors not to invest in schemes offered by entities barred by SEBI from raising money or entities not registered with SEBI
10	SEBI	Consultation paper for amendments to the SEBI (Infrastructure Investment Trusts) Regulations, 2014

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