{
 "record_id": "WTA-R-IN-0003-002",
 "kind": "obligation",
 "record": {
  "record_id": "WTA-R-IN-0003-002",
  "provision": "Regulation 16C(1)(b)",
  "applies_to": [
   "Deployers"
  ],
  "duty": "Take sole responsibility for the output of AI or machine learning tools that you rely on or deal with, whether designed in-house or procured from third-party technology providers.",
  "type": "Human oversight",
  "status": "applies now",
  "applies_from": "2025-02-10",
  "url": "https://wheresthe.ai/id/WTA-R-IN-0003-002/",
  "rule": {
   "record_id": "WTA-R-IN-0003",
   "id": "in-sebi-ai-responsibility-reg-16c-2025",
   "title": "SEBI (Intermediaries) (Amendment) Regulations, 2025 – Regulation 16C: Responsibility for the use of artificial intelligence",
   "jurisdiction": "IN",
   "jurisdiction_name": "India",
   "url": "https://wheresthe.ai/rule/in-sebi-ai-responsibility-reg-16c-2025/"
  },
  "penalty": "Action as SEBI deems fit, including action under Chapter V of the Intermediaries Regulations, 2008 (Reg. 16C(2)).",
  "scope_note": "Applies to every 'person regulated by the Board' (Explanation 1 to Regulation 16A) using AI/ML tools, built in-house or procured from third parties, irrespective of scale. AI/ML tools include applications offered to investors or used internally, including for compliance. The regulation assigns accountability for outputs but does not prescribe specific oversight measures.",
  "date_note": "Notification dated 6 Feb 2025; in force on publication in the Gazette on 10 Feb 2025 (Regulation 2).",
  "source_url": "https://www.sebi.gov.in/sebi_data/attachdocs/feb-2025/1739276753544.pdf#page=4",
  "verified_on": "2026-10-08",
  "citation": "WTA-R-IN-0003-002: Regulation 16C(1)(b), SEBI (Intermediaries) (Amendment) Regulations, 2025 – Regulation 16C: Responsibility for the use of artificial intelligence. wheresthe.ai, https://wheresthe.ai/id/WTA-R-IN-0003-002/ (checked 2026-10-08)."
 },
 "history": [],
 "note": "Informational, not legal advice. Every record links to its official source; check it before relying on a record. Cite as \"Source: wheresthe.ai\"."
}