India markets regulator weighs domestic AI model for securities trading, chairman says

India’s Securities and Exchange Board (SEBI) is adopting an international framework for overseeing artificial intelligence and is considering a locally governed AI system for securities markets, Business Recorder reported on Wednesday. Chairman Tuhin Kanta Pandey said the toolkit from the International Organization of Securities Commissions is intended to strengthen risk controls and support adaptable governance. He made the remarks at a Mumbai summit.

Pandey said AI could assist with investor services, risk evaluation and market supervision, while stressing the need for dependable data, oversight of models and clear responsibility for decisions. SEBI is also reviewing rules for overseas investors and plans to seek public feedback on bringing those requirements closer to international norms. He said foreign participation can add capital and expertise, while some Indian compliance obligations remain comparatively demanding.