Author Archives: 98410spice

Intermediary Dispute Resolution Policy … A Solution for most concerns

In providing comments on the proposed Intermediary guidelines, the undersigned suggested a new system of Governance of Intermediaries through the comments submitted by FDPPI. The suggestion was made that a new system of dispute resolution on the lines of the … Continue reading

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More Comments on the Intermediary Guidelines

MeitY has released an addendum to the earlier 609 page consolidation of comments received  on the proposed amendments to the intermediary guidelines under Section 79 of ITA 2000. This document is available here This is a 85 page document (including … Continue reading

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Intermediary Guidelines: Most tech firms uncomfortable with the changes

[Discussion continued from previous articles] “Status Quo” is most comfortable for some of the tech companies as regards Intermediary guidelines is what comes out of the 609 page collection of public comments. There are a total of 141  comments which … Continue reading

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Public Comments on Intermediary Guidelines under Section 79 released for counter comments

A draft of a modified  Intermediary guidelines under Section 79 of ITA 2000/8 was released  on 24th December 2018, modifying the earlier guideline of 11th April 2011. Public comments were called for on the draft until 31st January 2019. Now … Continue reading

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10 year jail sentence for SIM swapping

I was glad to see a report that a person  was sentenced to 10 year imprisonment for SIM Swapping fraud. It was unfortunate that he was a young 20 year old college student. The fraud involved crypto currencies which I … Continue reading

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Data on Financial Crimes need to be published

Indian Banking has taken shape from the UK Banking laws. One of the principles that Banking has followed for a long time is trying to be secretive about the fraud losses at least in the individual balance sheets of Banks … Continue reading

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