Under GDPR, Indian Data Processors Should not Agree to Standard Contractual Clauses which are ultra vires the FEMA
The globalization of Indian IT business has created many challenges to the Indian economy as a whole and in particular to certain domain specific regulators. One such regulator who finds himself frequently under a bind is RBI while regulating the Foreign Exchange transactions. Over the years the strict regulations under FEMA have been diluted and …
Read More Under GDPR, Indian Data Processors Should not Agree to Standard Contractual Clauses which are ultra vires the FEMA