India: Data localisation requirement in Reserve Bank of India (RBI) Storage of Payment System Data Directive
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Timeline of events
Implemented compliance reporting requirement with data localisation outlined in directive on the storage of payment system data
On 15 October 2018, the compliance reporting requirement with data localisation outlined in the directive on the storage of payment system data was implemented. The directive requires all payment system providers to store the payment data only in In…
SourceImplemented directive on the storage of payment system data including data localisation requirement
On 6 October 2018, the data localisation requirement outlined in the directive on the storage of payment system data was implemented. In particular, the directive requires all payment system providers to store the payment data only in India. The dat…
SourceAdopted directive on the storage of payment system data including data localisation requirement
On 6 April 2018, the Reserve Bank of India adopted a directive containing updated instructions on the storage of payment system data. The directive requires all payment system providers to store the payment data only in India. The data subject to th…
SourceAnnounced directive on the storage of payment system data including data localisation requirement
On 5 April 2018, the Reserve Bank of India announced a directive containing updated instructions on the storage of payment system data in their Statement on Developmental and Regulatory Policies. The directive will require all payment system provide…
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