The Multi Commodity Exchange of India Limited (MCX), on January 05, 2026, issued an advisory circular reiterating compliance requirements relating to the use of Software as a Service (SaaS) based solutions by financial sector organizations. This circular follows earlier advisories issued by the Securities and Exchange Board of India (SEBI) and MCX in November 2020, July 2022, and July 2023 to strengthen data security, governance, and regulatory oversight in SaaS usage.
MCX has informed members that half-yearly compliance reporting is mandatory for the period July 2025 to December 2025. Members are required to submit their compliance status through the MCX online Member Portal, which will remain open for submissions until January 31, 2026. To facilitate smooth reporting, a dedicated SaaS help file has been made available on both the submission portal and the MCX SFTP server.
Members have been advised to carefully review the guidance documents and ensure timely and accurate submission of compliance details within the stipulated timeline. Adherence to this advisory is essential to maintain regulatory conformity and robust information security practices across the exchange ecosystem.
[Circular No. MCX/TECH/004/2026]
