Motilal Oswal
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Motilal Oswal
Economy

What the European Union’s data protection rules mean for your business

Updated : May 24, 2018 05:07 PM IST

The General Data Protection Regulation sets down the minimum standards for processing of personal data of EU citizens, and strict conditions that need to be satisfied for any cross-border transfer of EU data.
Data protection laws in the EU have always been an important agenda item in the India-EU negotiations for a free trade agreement (India-EU FTA) since 2007.
If India’s data protection law matches EU’s adequacy test, it could potentially have significant benefits for the export of Indian IT services.
What the European Union’s data protection rules mean for your business
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