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The Information Technology (Recognition of Foreign Certifying Authorities Operating Under Regulatory Authority) Regulation, 2013, aims to recognize foreign certifying authorities and facilitate secure cross-border electronic transactions in India. Key features of the regulation include recognition criteria for foreign authorities, scope of applicability for digital signatures and electronic records, and implications such as enhanced cross-border commerce and international trust. However, the regulation also poses challenges like harmonization with international laws and technical complexity.
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