Within the broad bucket of internal investigations that companies often undertake, disciplinary procedures in relation to employee misconduct are one of the most common forms of investigations. In this piece, we explore the current laws and best practices in relation to employee investigations and conducting disciplinary processes, the potential ramifications of Indian data protection law
Artificial Intelligence
Revamping the Investment Advisers and Research Analysts Frameworks – the SEBI Way
Introduction
Pursuant to the recommendations of the Ministry of Finance, the Securities and Exchange Board of India (“SEBI”) constituted several groups to recommend simplification of various regulations specified by it and invited suggestions from market participants[1]. Post deliberations on the suggestions received, the Working Group for review of compliance requirements for Investment Advisers (“IAs”) and Research Analysts (“RAs”) submitted its recommendations to SEBI’s Intermediaries Advisory Committee (“IAC”). SEBI has now released a consultation paper dated August 6, 2024, on ‘Review of Regulatory Framework for Investment Advisers and Research Analysts’ (“Consultation Paper”)[2] incorporating the recommendations proposed by IAC.Continue Reading Revamping the Investment Advisers and Research Analysts Frameworks – the SEBI Way
Fashion-Tech: From Runways to Regulations
Fashion has always been about expressing oneself, making retail therapy an important concept in modern society.
Enter, digital technology, or in this case, the combination of fashion and technology. This made even the most uninterested shopper indulge in some impulse buying or atleast ‘window’ shopping, often intrigued by the features on various shopping apps.Continue Reading Fashion-Tech: From Runways to Regulations
Decoding Patent Searches: A brief on the types and strategies
Introduction
Intellectual Property Rights (IPR) have undergone significant evolution in the recent past, and the increasing number of filings for different types of IP rights across the world show the increasing commitment of countries to foster innovation, creativity, and their desire to sustain it. In today’s rapidly evolving landscape of innovation and technology, securing intellectual property rights through patents has become paramount for businesses and inventors. However, navigating the complex realm of patent law demands a thorough understanding of existing inventions and their legal implications. Continue Reading Decoding Patent Searches: A brief on the types and strategies
FIG Paper (No. 19 – Series 1)- AI/ ML, ChatGPT: Legal and regulatory considerations for financial service use-cases
Financial institutions have invested heavily into artificial intelligence (“AI”) and machine learning (“ML”) techniques globally, and in India, over the past decade. There are estimates that AI technologies could potentially contribute towards US$ 1 trillion in additional value for the global banking sector, and a World Economic Forum survey indicated that seventy seven per cent of all respondents (151 fintechs and financial institutions from thirty three countries) anticipated AI to possess a high or a very high overall importance in their businesses in the near future. Tangible use-cases in the financial sector have resultantly sprung, benefitting both customers and investors through robo advisors, portfolio optimisation, and algorithmic trading bots. Financial institutions on their part have benefitted greatly through chat bots handling consumer interactions and grievances, identity verification (including video KYC), predictive analytics to mitigate and minimise frauds, etc.Continue Reading FIG Paper (No. 19 – Series 1)- AI/ ML, ChatGPT: Legal and regulatory considerations for financial service use-cases
Genetic Testing: A new doorway towards opportunities, challenges in preventive healthcare
Since the Covid-19 pandemic, people’s perception of healthcare has undergone a change. While the top 10 causes of death in India continue to be non-communicable diseases like diabetes, cardiac diseases, and respiratory diseases, these are easily preventable/ manageable if addressed at an early stage through vital screening and consultation at regular intervals. Furthermore, routine testing might reduce the severity of rare disorders, including auto-immune deficiencies, and also help lower cancer-induced mortality.Continue Reading Genetic Testing: A new doorway towards opportunities, challenges in preventive healthcare
Digital Transformation in Law: Technology
The era of the digital revolution has put technology and its use at the forefront. Technology is now recognised as an enabler, necessary for growth and the way forward. The earliest use of LegalTech can be traced to eDiscovery which also was not the easiest to adopt in early days but has now become a routine. Today we have a number of good technologies making way in document review, contract management, abstraction and automation, data analytics in legal research and comprehending client engagements and invoices, electronic signatures, dissecting practices and introducing process workflows through a case management system, transcription services and no code platforms to create new digital service models that strengthen client relationships.
Continue Reading Digital Transformation in Law: Technology
Tomorrow’s Technology in Today’s Infrastructure: Interplay of Data Analytics, AI and Infrastructure Investment
Artificial Intelligence and Data Analytics
The global race to augment capabilities of artificial intelligence (AI) is intensifying in both advanced and emerging economies. From optimising power generation and transmission, diagnosis and drug discovery, improving learning environment, enhancing design and functionality, to automation in logistics, AI will not only continue to evolve but possibly surpass human intelligence in the near future. Today’s digital age is overflowing with valuable data which if appropriately analyzed can predict results, making data analytics an indispensable tool for any corporate to sustain in the economy.
Continue Reading Tomorrow’s Technology in Today’s Infrastructure: Interplay of Data Analytics, AI and Infrastructure Investment