The circular amends the SECC Regulations and D&P Regulations regarding appointment, roles, and responsibilities of Managing Directors (MDs), Executive Directors (EDs), Chief Technology Officers (CTO), Chief Information Security Officers (CISO), Chief Risk Officers (CRiO), and Compliance Officers (CO). The key provisions include appointment of EDs through open advertisement, reporting structures of EDs to MDs, quarterly performance evaluations, and modified reporting lines for KMPs. Technology audits will be handled by CRiO, who will also attend relevant committee meetings.