INDIA: Data Localization – is it disruptive?
DLA Piper Privacy Matters
MAY 11, 2018
Recently, India’s Central Bank, Reserve Bank of India (RBI) came out with a directive on April 6, 2018 related to “storage of payment system data”. Interestingly, by virtue of this regulation, RBI is seeking storage of all data, which includes the entire payment processing cycle from request to final payout.
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