Banking services chronicle

Banking services chronicle

Banking services chronicle  Published this article page no  107 The code of ethics and procedure and safeguards in relation to the digital media Context The Information & Broadcasting (I&B) Ministry has approached the Directorate of Information and Public Relations (DIPR) of all the State and Union Territory governments to initiate an awareness drive for sensitising their officials to the code of ethics and procedure and safeguards in relation to the digital media.  The Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules 2021 which was notified by the Central government on February 25 2021 relates to the digital news publishers.  It is administered by the Information & Broadcasting (I&B) Ministry Ministry. Overview of the rules The Rules provide for 1. A code of ethics to be followed by digital news publishers and OTT platforms. 2. A threetier grievance redress mechanism which includes selfregulation by publishers at the first level selfregulation by selfregulating bodies of the publishers and an oversight mechanism by the Central government. 3. Procedures for them to furnish the required information. 4. Significant social media firms have to appoint a chief compliance officer and have a nodal contact person who can be in touch with law enforcement agencies 247. 5. A grievance officer Social media platforms will also have to name a grievance officer who shall register the grievance within 24 hours and dispose of it in 15 days. What is a significant social media intermediary and benefits obtained under it? Social media companies with more than 50 lakh registered users will be considered significant social media intermediaries as per the new norms Banking services chronicle  buy.

Banking services chronicle