The Bombay Stock Exchange (BSE) on June 30, 2023, released a notification reporting for Artificial Intelligence (AI) and Machine Learning (ML) applications and systems offered and used by market intermediaries
Stockbrokers, who are offering or using applications or systems as defined in Annexure ‘B’ to the SEBI Circular are required to submit the details in AI/ML Reporting Form. Further, stockbrokers who are not offering or using the applications or systems as defined in Annexure ‘B’ are also required to submit the AI/ML Reporting Form by selecting the option “No” in BEFS.
Stockbrokers may please note that in case the details on the captioned matter for the current quarter are same as the previous quarter, an option has been provided in BEFS as “Replicate data” to submit the details.
Stockbrokers are requested to submit the above-mentioned details for the quarter ended June 30, 2023, from July 1, 2023, to July 15, 2023.
[Notification No. 20230630-08]
