Sebi mulls guiding principle for responsible usage of AI, ML in securities markets

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ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/sebi” target=”_blank”>Sebi on Friday proposed guiding principles for responsible usage of ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/artificial-intelligence” target=”_blank”>Artificial Intelligence (AI) and Machine Learning (ML) applications in ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/securities-markets” target=”_blank”>securities markets to safeguard investors and market integrity.

Also, the regulator has proposed that a “regulatory lite” framework may be adopted for usage of AI/ML in the securities market for any purpose other than for business operations that may directly impact their customers.

The proposed “guiding principles are intended to optimise benefits and minimise potential risks associated with integration of…



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Sebi mulls guiding principle for responsible usage of AI, ML in securities markets


ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/sebi” target=”_blank”>Sebi on Friday proposed guiding principles for responsible usage of ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/artificial-intelligence” target=”_blank”>Artificial Intelligence (AI) and Machine Learning (ML) applications in ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/securities-markets” target=”_blank”>securities markets to safeguard investors and market integrity.

Also, the regulator has proposed that a “regulatory lite” framework may be adopted for usage of AI/ML in the securities market for any purpose other than for business operations that may directly impact their customers.

The proposed “guiding principles are intended to optimise benefits and minimise potential risks associated with integration of…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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