Category: Regulation
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Open Banking in India & the Need for Setting Uniform Standards in Usage of APIs
[This post has been authored by Vaibhav Parikh, Legal Counsel at ICICI Bank. Views are personal] The value of online/ mobile banking rose from INR 69.47 billion in 2016-17 to INR 21,317 billion in 2019-20. Providing data access to third-party firms by banks and other financial institutions has proved to be one of the important…
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Over-The-Top Services: A Regulatory Quandary (Part II)
[This is the second part of a two-part post authored by Abhilash Roy and Hrishikesh Bhise, fourth-year students at the National Law Institute University, Bhopal. Click here for Part I] Argument for a Level Playing Field‘Fair and reasonable opportunities to all market players’ and the concept of ‘a level playing field’ for market participants is…
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Non-Personal Data Governance Framework: Economic Ramifications on Start-ups
[Ed Note: The following post is part of the TLF Editorial Board Test 2020-21. It has been authored by Saumya Khandelwal, a second year student of NALSAR University of Law.] Recently, a report on the ‘Non-Personal Data Governance Framework’ was released by an expert committee established by Ministry of Electronics and Information Technology (MeitY) for…
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Managing Regulatory Turbulence: Of Privacy, Consent and Drones
[Samraat Basu is a technology and data protection lawyer and Naveen Jain is a corporate lawyer specialising in M&A and PE/VC funding.] The Indian regulatory landscape regarding the use of remotely piloted and autonomous drones has been evolving over the last few years. In June, the Government of India released the draft Unmanned Aircraft System…
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Blockchain: Catalyzing Revolution in the Copyright Law
[This post has been authored by Ujjawal Bhargava, a fourth-year student at the Institute of Law, Nirma University, Ahmedabad.] Copyright is a right provided to the creators of literary, artistic, dramatic and musical works as well as to the producers of sound recordings and cinematographic films. The rights of the creators include inter alia, right…
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How Facial Recognition Systems Threaten the Right to Privacy
[This post has been authored by Prajakta Pradhan, a 1st year student at Dr. Ram Manhar Lohiya National Law University (RMLNLU), Lucknow.] Facial recognition involves the use of face mapping techniques to identify an individual’s facial features and compares it with available databanks. The facial recognition market is expected to grow to $7.7 billion in…
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Post-Crypto-Writ Judgement: How(ey) to regulate the ICOs?
[This post has been authored by Harshit Goyal, currently in his 3rd year at National Law School of India University, Bangalore.] Imagine that you get to know about a cryptocurrency that had been launched recently and has been selling like hotcakes. The price of this token has been on a steep rise, and thus, you…