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Firms may be mandated to report AI, digital risks

  • Posted on May 29, 2026
  • By Financial Express
  • 0 Views
  • 1 min read
Firms may be mandated to report AI, digital risks
Firms may be mandated to report AI, digital risks

The Ministry of Corporate Affairs (MCA) is considering expanding the Companies Act framework to mandate 'AI & Digital Risk Statements' in board reports, forcing corporate boardrooms to take direct legal responsibility for algorithmic bias and data privacy.
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Author
Financial Express

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