India has strict outsourcing laws.This Assignment requires you to review those laws enacted by the Royal Bank of India (RBI).You are told that your firm has a local banking branch in India, and the branch wants to outsource certain automated AML and OFAC related reviews to service provider ABC Tech located in Malaysia.

Your manager has asked to quickly provide in short form (bullet points) RBI's outsourcing requirements.

1. Your manager wants to know if the proposed outsourcing to ABC Tech falls within the scope of the outsourcing laws, and if so, what are the restrictions and what must the Indian Bank do in order to outsource this service?
2. You are also told that the services may be provided from ABC's offices in Pakistan. Your manager wants to know if the outsourcing would be permissible if ABC Tech was providing the services from Pakistan?
3. Finally, your manager has said that it is possible that ABC Tech will only provide technology development services that do not involve access to customer data.You