NSDL notified regarding the Amendment to Business Rule of NSDL - Penalty Structure

Feb 14, 2025 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe National Securities Depository Limited (NSDL) on February 13, 2025, notified regarding the Amendment to the Business Rule of NSDL - Penalty Structure.

All Participants are informed that rule 18.1.1 of NSDL Business Rules has been amended to insert the new nature of non-compliance with respect to ‘Cyber Security & Cyber Résilience Framework’ and ‘non-submission of response by DPs for the surveillance alerts shared by depository within stipulated time’. 

The same is enclosed in track change mode as Annexure A. 

[Notification no. - NSDL/POLICY/2025/0018]


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