- companies will have to register themselves for commercial SMS and calls. This will help the regulator to regulate the fraud companies. - telecom companies are required to verify telemarketers seeking registration with them before granting access to their customer data and also take action immediately against all fraudulent RTMs(i.e.registered telemarketers) - It suggests adoption of Distributed Ledger Technology (or blockchain) as the RegTech to ensure regulatory compliance while allowing innovation in the market.

[feb] Telecom Commercial Communication Customer Preference Regulation (TCCCPR), 2018 Flashcards by hrishikesh patil

what is it?

companies will have to register themselves for commercial SMS and calls. This will help the regulator to regulate the fraud companies.
telecom companies are required to verify telemarketers seeking registration with them before granting access to their customer data and also take action immediately against all fraudulent RTMs(i.e.registered telemarketers)
It suggests adoption of Distributed Ledger Technology (or blockchain) as the RegTech to ensure regulatory compliance while allowing innovation in the market.

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[feb] Telecom Commercial Communication Customer Preference Regulation (TCCCPR), 2018 Flashcards

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