Author Archives | Nishith TV

17 December 2021 at 23 : 18 PM

Technology Law Analysis: Proposed Indian Privacy Law Revamped: Light at the End of the Tunnel?

December 17, 2021 PROPOSED INDIAN PRIVACY LAW REVAMPED: LIGHT AT THE END OF THE TUNNEL? I. BACKGROUND A comprehensive data privacy law for India has been in the works for over five years since the Supreme Court’s recommendation in 2017.1 Two draft versions of proposed law (2018 and 2019) were previously released for public consultation, […]

14 December 2021 at 00 : 41 AM

Webinar – Digital Payments set for Significant Transition this New Years’ Day

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December 14, 2021 Speakers: Mohit Bedi, SVP and Business Head – Acquiring and Commercial Cards, Axis Bank Sheetal Kapur, Payments Lawyer and Policy Expert Sudipta Jash, Head of International Business, PayU Payments Ashish Aggarwal, Vice President and Head of Public Policy, NASSCOM Gowree Gokhale, Head – TMT & IP, Nishith Desai Associates Huzefa Tavawalla, Head – Disruptive Technologies & Fintech, […]

13 December 2021 at 16 : 33 PM

Europa Matter Debrief (December 06, 2021)

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10 December 2021 at 12 : 58 PM

Investment Funds: Monthly Digest: New SEBI rules for AIF LPs to co-invest

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December 10, 2021 NEW SEBI RULES FOR AIF LPS TO CO-INVEST In an attempt to regulate offering of co-investment opportunities to investors (or LPs) of Alternative Investment Funds (“AIFs”), the Securities and Exchange Board of India (“SEBI”) has recently introduced amendments1 to the SEBI (Alternative Investment Funds) Regulations, 2012 (the “AIF Regulations”)2 and SEBI (Portfolio Managers) […]

7 December 2021 at 15 : 57 PM

Technology Law Analysis: Reporting cybersecurity breaches in India – Is it time to overhaul the law?

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December 07, 2021 REPORTING CYBERSECURITY BREACHES IN INDIA – IS IT TIME TO OVERHAUL THE LAW? This article was originally published in the 28th May 2021 edition of SUMMARY With cybersecurity breaches rising day by day, it is time for a robust law for prevention and reporting of cyber security breaches. This article discusses […]

6 December 2021 at 14 : 43 PM

Technology Law + Regulatory Hotline: Regulations on E-Wallets, Gift Cards and Vouchers Given a Facelift

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December 06, 2021 REGULATIONS ON E-WALLETS, GIFT CARDS AND VOUCHERS GIVEN A FACELIFT Closed loop prepaid instruments not regulated by RBI. RBI authorization required to issue prepaid instruments which can be redeemed for goods or services from third parties. Non-banks permitted to issue prepaid instruments with cash withdrawal. Two Factor Authentication requirement introduced for […]

30 November 2021 at 10 : 43 AM

Regulatory Hotline: Revising The FDI Policy For E-Commerce

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November 30, 2021 REVISING THE FDI POLICY FOR E-COMMERCE This article was originally published in the Business Magazine of the Indo-German Chamber of Commerce (Volume 65 Issue 5, 2021). SUMMARY Foreign direct investment (FDI) policy in e-commerce sector has been in focus. During the pandemic importance of E-Commerce grew tremendously. In this article we […]

29 November 2021 at 19 : 50 PM

Neobanks

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26 November 2021 at 16 : 35 PM

Digital Tax – Monthly Digest: Technology & Tax Series – Issue XI

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November 26, 2021 TECHNOLOGY & TAX SERIES – ISSUE XI INDIA-USA AGREE ON THE FUTURE OF 2% EQUALIZATION LEVY (2020) India not required to withdraw the 2% equalisation levy before implementation of Pillar One USTR to terminate its proposed trade action under Section 301 for imposition of tariffs on goods imported from India MNEs […]

25 November 2021 at 17 : 41 PM

Technology Law + Regulatory Hotline – View: Two tremendous transitions too soon for digital payments industry

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November 25, 2021 VIEW: TWO TREMENDOUS TRANSITIONS TOO SOON FOR DIGITAL PAYMENTS INDUSTRY This article was originally published in the 24th November 2021 edition of SUMMARY The article focuses on the card data storage restrictions imposed in the digital payments industry, possible tokenization solutions and industry-related issues. Furthermore, given that the industry is still trying […]

24 November 2021 at 18 : 38 PM