The Anti-Corruption & FCPA Compliance Committee, on November 30th, organized a hybrid committee meeting at Honeywell’s office in Gurugram. Ms. Komple Sharma, Director, AMCHAM, welcomed participants. Mr. Gaurav Ajmani, Chairperson – Anti-Corruption & FCPA Compliance Committee, AMCHAM and Associate General Counsel, Business Conduct & Ethics, Amazon Seller Services (P) Ltd. and Ms. Bhawna A. Ranganadhan, Co-Chairperson – Anti-Corruption & FCPA Compliance Committee, AMCHAM and Sr. VP & Deputy General Counsel, Legal Compliance, Genpact gave opening remarks and set the scene for the meeting. It was followed by a presentation on the Digital Personal Data Protection Act 2023, an overview and its impact on businesses, by Mr. Nitin Shah, Partner – Digital Consulting, KPMG in India. The presentation covered the act’s journey from 2017 till date, definitions and scope of key stakeholders, evolved role of a data principal, penalties to data principal, legal grounds of processing data, impact of DPDPA on investigations, data breach and obligations and rights of a data fiduciary, amongst others.
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