
The UK financial regulators, including the Bank of England and the Financial Conduct Authority, have introduced new rules aimed at overseeing critical third-party technology providers, such as cloud service providers, that are essential to the financial sector. These regulations are designed to mitigate the risks of operational failures and disruptions in the market. Additionally, the Securities and Exchange Board of India (SEBI) has proposed measures to ensure accountability for the use of artificial intelligence by market infrastructure institutions and intermediaries. This includes mandates on data privacy, security, and the integrity of sensitive investor information. The Ministry of Electronics and Information Technology (MeitY) in India has also outlined compliance steps for data laws and supports automation to facilitate adherence to these regulations.
#SEBI Seeks To Hold Market Intermediaries Responsible For AI Impacts On Investor Data https://t.co/jMHKV4tduK
Sebi Proposes Accountability For AI Use By Market Infra Institutions, Intermediaries https://t.co/d1uSaZ0mnz https://t.co/ajHyargAm8
🚨MIB and MeitY have clearly defined roles in regulating games sector, says Sanjay Jaju By @tsuvik https://t.co/feX1pfBSe5 via @moneycontrolcom

