The Robotic and Artificial Intelligence Enabled Advisory Services Rules 2021 was issued by the Financial Services Commission (FSC) on June 12, 2021, to regulate the conduct of activities and in this context, a set of FAQs was issued pertaining to the same. The freshly issued FAQs mention that any company incorporated under the Companies Act 2001, including a GBL holder is eligible to apply for a Robotic and Artificial Intelligence Enabled Advisory Services licence in line with Part IV of the Financial Services Act 2007.
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