Legal Wires
In-depth analysis for an informed public — and an AI research engine that reads the law with you.
Technical and operational guide to implementing the RBI's 2026 Model Risk Management draft. NIST AI RMF and ISO/IEC 42001 as anchors, the SR 11-7 lineage, validation toolkit and its limits on foundation models, frontier AI risks, IndiaAI Mission, and a ten-point implementation checklist.
How the RBI's 2026 Model Risk Management draft interacts with the Digital Personal Data Protection Act, the Consumer Protection Act, the Competition Act, and the Supreme Court's IMAI judgment on guidance enforceability. Five regulatory-interaction clauses the final Guidance should add.
A clause-by-clause comment record on the RBI's 2026 draft Guidance on Model Risk Management. Proportionality, definitions, the black-box validation problem at paragraph 46, kill-switch operationalisation, DPDPA interaction, and a phased 18, 24, 36 month rollout. Twenty-four asks in one place.
The Reserve Bank's draft Master Direction collapses 36 legacy circulars into one rulebook for secondary market trading in Government securities. T+1 settlement as default, calibrated When Issued limits, short sale codified for all eligible entities, and a defined FEMA pathway for non-residents.
The RBI's draft Guidance on Model Risk Management, 2026 puts every model used by India's banks, NBFCs and FIs, statistical, algorithmic and AI alike, under a single Board-owned framework, and writes the regulator's first detailed AI rulebook. A clause-by-clause analysis.
An empirical study of 35,417 SEBI orders — settlements, adjudications, whole-time-member directions and tribunal appeals from 1995 to 2026 — answering ten questions about how India's securities regulator really enforces the law.
Maritime tort law assumes a human helmsman whose negligence can be tested against the reasonable mariner. Autonomous vessels obliterate that assumption. This article maps how Singapore's Spandeck framework, COLREGs, and limitation regimes hold — or fail — when no one is at the wheel.
The Punjab Amendment Act 2026 prescribes harsher sacrilege sentences than Pakistan’s blasphemy law. A constitutional analysis of legislative competence, repugnancy with BNS, vagueness, and proportionality.
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