System Audit requirement for CTCL trading facility on yearly basis

As part of yearly compliance as mandated by SEBI, trading members who have obtained approval from Exchange for CTCL trading software (including all the applications that is CTCL, IBT, DMA, STWT, and SOR) are required to submit to the Exchange the System Audit Report for the year ended March 31, every year, after getting the CTCL trading facility audited from CISA/CISSP/ISA/DISA certified auditor, independent of the empanelled vendors of the Exchange and/or Partners/Directors of the trading members. Members are required to submit the system audit report.