Data Privacy & Security Data Privacy & Security

Foreign institutions oppose data localization proposed by India's capital-market watchdog

By Freny Patel
  • 16 Dec 2022 08:26
  • 16 Dec 2022 08:47
Foreign financial institutions have opposed a proposal by India's capital-market watchdog on data localization as a means to safeguard against cybersecurity risks, saying it would actually defeat the entire purpose of the regulator's proposed cloud framework.
In the wake of the Indian government’s decision to do away with data localization

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Freny Patel


Freny has been covering antitrust law, M&A and regulations for over a decade, serving as Asia editor at Policy and Regulatory Report. Prior to joining as an editor at Mergermarket, she headed the banking bureau of a leading Indian financial daily, Business Standard. When India privatized the insurance sector, she had her own column in The Observer.

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