India: Issued RBI interim ruling in investigation into Diners Club International Ltd over compliance with data localisation requirements
Description
Issued RBI interim ruling in investigation into Diners Club International Ltd over compliance with data localisation requirements
On 23 April 2021, the Reserve Bank of India (RBI) adopted restrictions on Diners Club International Ltd, forbidding it from onboarding new domestic customers from 1 May 2021. Diners Club International Ltd has been found non-compliant with the direct…
Scope
Policy Area
Data governance
Policy Instrument
Data localisation requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central bank
Complete timeline of this policy change
Hide details
2021-04-23
in force
2021-05-01
in force