Sebi Discontinues IRRA Platform as Market Resilience Standards Rise
The Securities and Exchange Board of India (Sebi) officially discontinued the Investor Risk Reduction Access (IRRA) platform for stock brokers this week, citing significant advancements in market infrastructure. Launched in October 2023, the platform served as a safety net for investors during technical glitches, but regulators have determined that modernized disaster recovery protocols among brokers…