Nirmala Sitharaman urges SEBI to enhance global consultations and adopt AI for cyber risk management
Updated
Updated · Reuters · Apr 25
Nirmala Sitharaman urges SEBI to enhance global consultations and adopt AI for cyber risk management
13 articles · Updated · Reuters · Apr 25
Speaking at a SEBI event in Mumbai, Finance Minister Sitharaman emphasized the need for the regulator to engage more with international counterparts and leverage artificial intelligence to address cyber threats.
She highlighted that broader understanding of SEBI’s frameworks overseas would boost global capital confidence in Indian markets and called for simplified know-your-customer rules across financial instruments.
Sitharaman’s remarks underscore India’s focus on aligning its market regulations with global standards and strengthening cybersecurity, aiming to attract more international investment and streamline regulatory compliance.
As India courts global capital, what guarantees protect investors from sudden regulatory changes?
How will the new digital finance reforms impact India's digitally excluded populations?
How will India's 'one nation, one KYC' system prevent a catastrophic, single-point-of-failure data breach?
Will simplifying KYC rules inadvertently open new loopholes for sophisticated financial criminals?
With a crackdown on 'fin-influencers,' what is the future of financial advice on social media?
Can defensive AI truly outpace advanced hacking models like Mythos to protect financial markets?