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Corporate Laws Central Ministry of Finance Securities and Exchange Board of India Act, 1992

NSE - Reporting for Artificial Intelligence (AI) and Machine Learning (ML) applications and systems offered and used by market intermediaries

01-Apr-2025 | NSE/COMP/67266

NSE has issued the circular with reference to the SEBI circular no. SEBI/HO/MIRSD/DOS2/CIR/P/2019/10 dated January 4, 2019 and Exchange Circular NSE/COMP/59700 dated December 12, 2023 regarding the reporting of Artificial Intelligence (AI) and Machine Learning (ML) applications and systems offered and used by market intermediaries effective from 1st April, 2025.

By virtue of this circular, it has been notified that:
(i) Trading members using Algorithm software are required to submit the details on the Artificial Intelligence (AI) and Machine Learning (ML) applications and systems for the period ending 31st March, 2025 on half yearly basis within 15 calendar days of the expiry of the half year, for period from 01.08.2024 to 31.03.2025.
(ii) Other Trading Members are required to submit the details on the Artificial Intelligence (AI) and Machine Learning (ML) applications and systems for the period ending 31st March, 2025 annually within 15 calendar days of the expiry of a year, for period from 01.04.2024 to 31.03.2025

All Members should ensure submission on or before April 15, 2025.

Also, failure to report AI-ML details within the prescribed timeline would be treated as non-compliance and will attract a penalty of Rs. 10,000/- for the respective period.

Further, the steps for submitting the details are also notified.

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