SEBI Chair Warns AI Risks To Markets
In Mumbai on Friday, SEBI chair Tuhin Kanta Pandey warned that artificial intelligence poses risks—opacity, bias, and concentration—to securities market regulation and called for evolving oversight from institutions to systems. He said SEBI will deploy SupTech and RegTech, strengthen cybersecurity, and convene a high-level expert group to develop short- and long-term technology roadmaps for anticipatory, resilient regulation.
Scoring Rationale
Authoritative regulatory announcement with industry-wide implications, offering strategic guidance but lacking technical novelty and detailed implementation steps for practitioners.
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Sources
- Read OriginalAI offers powerful tools for fraud detection, but has risks too: Sebi Chiefeconomictimes.indiatimes.com
