SEBI to release AI guidelines, mandates 'kill switch' for market players
SEBI Chairman Tuhin Kanta Pandey announced that the market regulator is preparing to release new guidelines focused on the ethical implementation of AI tools by market participants. He stated that the upcoming framework will mandate the inclusion of human oversight and a 'kill switch' mechanism. Pandey also emphasized that all entities under SEBI's regulation will be held entirely accountable for any AI or machine learning technology they deploy, regardless of the tool's origin.
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