Infosys obtains regulatory approvals for binding corporate rules

Infosys (INFY) announced that it has obtained regulatory approvals for its binding corporate rules, or BCR, from the Hesse Data Protection Authority, Germany, following concurrence from the European Data Protection Board. BCR provides a lawful framework within which organizations can transfer personal data internationally within their group companies. Two sets of BCRs have been approved for Infosys, one as a data controller and the other as a data processor.