The European Data Protection Supervisor denied a 2024 request by the European Investment Bank to transfer personal data to India and several non-EU countries due to the lack of adequate data protections, Moneycontrol reports, citing the EDPS’ 2024 annual report. The EDPS stated India does not yet ensure an “essentially equivalent level of data protection” to the EU General Data Protection Regulation. The report was compiled after India passed its Digital Personal Data Protection Act, however, its rules are still subject to final approval.
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