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SEBI Launches 'iSPOT Portal' to Report Technical Issues.

App and Web Portal | Dated: 31 Jan 2025

In January 2025, the Securities and Exchange Board of India (SEBI), based in Mumbai, Maharashtra, launched a web-based portal called the 'Integrated SEBI Portal for Technical Glitches (iSPOT)' for the submission of both preliminary and final Root Cause Analysis (RCA) reports of technical glitches by stock exchanges and other Market Infrastructure Institutions (MIIs).

🎯 Key Highlights:

  • - The portal will become operational from 3rd February 2025 and is integrated with SEBI's Intermediary (SI) portal, enabling Market Infrastructure Institutions (MIIs) to access it using their existing login credentials.
  • - It aims to streamline the reporting process of technical glitches across Market Infrastructure Institutions (MIIs) and create a centralized repository for all such incidents.

💡 Other Important Facts:

  • (i) With the launch of iSPOT, Market Infrastructure Institutions (MIIs) will now submit preliminary and Root Cause Analysis (RCA) reports of technical glitches to SEBI through the portal, ensuring enhanced data quality, traceability, and improved compliance monitoring.
  • (ii) Previously, MIIs, including stock exchanges, clearing corporations, and depositories, were required to report technical glitches and submit RCA reports to SEBI via a dedicated email ID.
  • (iii) iSPOT will automatically send reminders to MIIs for RCA submissions and generate system-driven reports for regulatory monitoring.

📚 Test Your Knowledge:

Recently, which portal was launched by SEBI to report technical glitches?

Correct Answer: iSPOT Portal

🚀 Quick Recap:

About SEBI

  • Chairperson : Madhabi Puri Buch
  • Headquarter : Mumbai