Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
SEBI Says Regulated Entities Will Now Be Responsible For AI Use
SEBI has announced that regulated entities will now be responsible for the use of artificial intelligence (AI) in their operations. This new regulation requires firms under SEBI’s purview to ensure that AI technologies are used responsibly, adhering to the highest standards of fairness, transparency, and ethical conduct. The move comes amid growing concerns over the potential misuse of AI, particularly in financial markets. SEBI’s directive aims to safeguard market integrity while encouraging innovation. This regulation also highlights the increasing importance of regulatory oversight in the rapidly evolving technological landscape of the financial services industry.