Synopsis
The action has been take as these entities have been found non-compliant with the directions on storage of payment system data which the central bank had asked them to store in India, RBI said.
AFP
Reserve
Bank of India (RBI) has banned credit card companies American Express and Diners Club International from on-boarding new domestic customers onto their card networks from May 1, 2021.
The action has been take as these entities have been found non-compliant with the directions on storage of payment system data which the central bank had asked them to store in India, RBI said. In terms of RBI circular on storage of payment system data dated, all payment system providers were directed to ensure that within a period of six months the entire data (full end-to-end transaction details/information collected/carried/processed as part of the message/payment instruction) relating to payment systems operated by them is stored in a system only in India. They were also required
To print this article, all you need is to be registered or login on Mondaq.com.
All too often, retirement plan administrators and benefits
attorneys encounter situations with missing participants or
uncashed checks that result in head scratching and exasperation. It
is difficult to believe that trying to deliver money to someone
could produce such frustration, but it happens more than one would
think. In an attempt to alleviate some of these woes and help
ensure that participants and their beneficiaries receive the
retirement benefits due to them, the Department of Labor s
(DOL) Employee Benefits Security Administration (EBSA) came out
PowerPlan, Inc. today announces the availability of their newest SaaS solution, Workflow Process Automation, which automates repeatable tasks critical for
Delhi govt forms oxygen audit committee to monitor stocks, consumption
April 20, 2021
Will also identify areas of wasteful consumption and suggest measures for economising use In the wake of acute shortage of medical oxygen in the national capital, the Delhi Government has formed a 24-member oxygen audit committee to ensure continuous monitoring of the oxygen stocks and their consumption.
The committee has been tasked to carry out daily stock of receipts, consumption and balance stock. It will ensure that the use of oxygen for management of Covid-19 patients is rational and per prescribed treatment protocols, official sources said. The committee will have to submit its report to the nodal officer-in-charge of the hospital latest by 5 pm everyday.
New Wyoming Program Offers Grants for Alcohol Audits Written by Andrew-Rossi on April 20, 2021
The Wyoming Department of Environmental Quality is in the post-pandemic spirit, offering energy efficiency audits to regional breweries and distilleries.
Thanks to a recent influx of federal money, the department is looking to extend a different type of financial assistance to Wyoming businesses. The new program is offering grants for breweries and distilleries to get audited by a professional company.
These audits won’t be focusing on a company’s products or quality. The priority of the audits is energy usage and helping business owners get more efficient and less expensive.