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India markets regulator weighs domestic AI model for securities trading, chairman says
India’s markets regulator is working to implement a global supervisory toolkit for artificial intelligence and is considering developing a domestically governed AI model specifically for the securities market, its chairman said on Wednesday. The Securities and Exchange Board of India is implementing the International Organization of Securities Commissions’ supervisory toolkit to strengthen risk management and develop an agile governance framework for the use of AI, Chairman Tuhin Kanta Pandey said at a summit in Mumbai. SEBI is also exploring a securities market-specific AI model that could be...
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