NEW DELHI: The Security Exchange Board of India (Sebi) has been using Artificial Intelligence (AI) for its investigations, mentioned the physique’s entire time member Kamlesh Chandra Varshney on Saturday.
Varshney emphasised that entities ought to maintain monitor of technological growth.
Referring to the cases of inventory market manipulations, Varshney mentioned adhering to the regulation might be extra helpful and violation will trigger issues.
When requested if Sebi was using AI, Varshney mentioned, “We are using Al for investigations… and also using for a lot of things”.
He was talking on the sidelines of the thirteenth worldwide conference of the Association of National Exchanges Members of India (ANMI) within the nationwide capital.
As lengthy because the market is clear and no manipulation is occurring, that’s high-quality with the regulator, he mentioned.
The Securities and Exchange Board of India (Sebi) has been taking motion towards violators in addition to measures to reinforce transparency and curb misdoings.
Varshney emphasised that entities ought to maintain monitor of technological growth.
Referring to the cases of inventory market manipulations, Varshney mentioned adhering to the regulation might be extra helpful and violation will trigger issues.
When requested if Sebi was using AI, Varshney mentioned, “We are using Al for investigations… and also using for a lot of things”.
He was talking on the sidelines of the thirteenth worldwide conference of the Association of National Exchanges Members of India (ANMI) within the nationwide capital.
As lengthy because the market is clear and no manipulation is occurring, that’s high-quality with the regulator, he mentioned.
The Securities and Exchange Board of India (Sebi) has been taking motion towards violators in addition to measures to reinforce transparency and curb misdoings.
(With PTI enter)
