2 weeks ago

SEBI Chairman Says Firms Remain Responsible for AI Tools

SEBI Chairman Says Firms Remain Responsible for AI Tools
SEBI entities remain responsible for AI and ML tool it uses · thehansindia.com

India’s market regulator said financial companies must take responsibility for the artificial intelligence tools they use.

This applies whether companies build the tools themselves or buy them from another provider.

The regulator is considering an index to measure how well important market systems handle technology problems.

Tuhin Kanta Pandey said technology can help more people invest.

He also said markets must remain safe, fair and trustworthy.

Pandey said mutual funds and regular investment plans have brought more households into market-linked investments.

However, he said there is still room for more people to participate.

His goal is to support market growth without weakening investor protection.

Key facts

Regulator
Securities and Exchange Board of India (SEBI)
Speaker
Tuhin Kanta Pandey, SEBI chairman
Event
23rd FICCI Capital Markets Conference (CAPAM 2026)
AI responsibility
SEBI-regulated entities remain responsible for AI and machine-learning tools developed internally or obtained from third parties.
Potential measure
SEBI is examining an IT resilience index for market infrastructure institutions.
Purpose of index
To provide an objective framework for assessing the resilience of critical systems.
Market participation
Pandey said mutual funds and systematic investment plans have brought more households into market-linked investments, while significant scope remains for further participation.

Quotes

Tuhin Kanta Pandey

Chairman of the Securities and Exchange Board of India

“With AI and technology, every SEBI‑regulated entity remains fully responsible for any AI or machine learning tool it uses, whether developed in‑house or procured from a third party.”
freepressjournal.in thehansindia.com
“India’s next phase of growth would require intelligent use of technology to widen investment opportunities, deepen financing channels and make regulation more future‑ready.”
thehansindia.com

Sources

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