Tag: kyc
Customers can do KYC by submission of self-declaration through various non-face–to-face channels or fresh KYC remotely through V-CIP – RBI RBI has rationalised the KYC related instructions taking into account the available technological options for enhancing customers’ convenience within the framework prescribed under the Prevention of Money Laundering …
SEBI KYC Registration Agency (Amendment) Regulations 2022. More duties/power given to KRA SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 28th January, 2022 SECURITIES AND EXCHANGE BOARD OF INDIA {KYC (KNOW YOUR CLIENT) REGISTRATION AGENCY} (AMENDMENT) REGULATIONS, 2022 No. SEBI/LAD-NRO/GN/2022/72.—In exercise of the powers …
RBI relaxes norms for periodic updation of KYC by banks. Operations of such account not to be restricted till December 31, 2021 In terms of Section 38 of the Master Direction on KYC dated February 25, 2016, Regulated Entities (REs) are required to carry out periodic updation of …
Rollout of Legal Entity Template by SEBI. KYC record of LE accounts opened after 31.03.2021 to be uploaded to Central KYC Records Registry SECURITIES & EXCHANGE BOARD OF INDIA CIRCULAR SEBI/HO/MIRSD/DOP/CIR/P/2021/31 March 10, 2021 To,All Recognized Stock Exchanges All Recognized Depositories Stock Brokers through Recognized Stock Exchanges Depository …
Entities permitted to undertake e-KYC Aadhaar Authentication service of UIDAI in Securities Market CIRCULAR SEBI/HO/MIRSD/DOP/CIR/P/2020/80 May 12, 2020 To, All Recognized Stock Exchanges All Recognized Depositories Stock Brokers through Recognized Stock Exchanges Depository Participants through Depositories Association of Mutual Funds in India All Mutual funds and AMCs through …
SEBI Clarification on KYC Process and Use of Technology for KYC Securities and Exchange Board of India CIRCULAR SEBI/HO/MIRSD/DOP/CIR/P/2020/73 April 24, 2020 To,All Recognized Stock ExchangesAll Recognized DepositoriesStock Brokers through Recognized Stock ExchangesDepository Participants through DepositoriesAssociation of Mutual Funds in IndiaAll Mutual funds and AMCs through AMFIPortfolio ManagersKYC …
RBI permits Video based Customer Identification Process (V-CIP) – List of documents required Government has notified amendment to the Prevention of Money-laundering (Maintenance of Records) Rules, 2005. Accordingly, the Reserve Bank has permitted Video based Customer Identification Process (V-CIP) as a consent based alternate method of establishing the …
ICSI to do KYC of Council Members / Members of the Regional Council & Members of the Managing Committee of its Chapters ICSI has taken some important decisions in its Council meeting held on 17th November 2019. The Council inter alia decided to do KYC of all the …
Norms of Aadhaar KYC eased for opening of bank account, not for change of address in Aadhaar. Clarification on notification dated 13.11.2019 Norms of Aadhaar KYC are eased for opening of bank account and not for the change of address in Aadhaar, said the Department of Revenue (DoR), …
Prevention of Money-laundering (Maintenance of Records) Third Amendment Rules, 2019. MINISTRY OF FINANCE(Department of Revenue)NOTIFICATION New Delhi, the 19th August, 2019 G.S.R.582(E).— In exercise of the powers conferred by sub-section (1), read with clauses (i), (j), (jj), (jjj) and (k) of sub-section (2) of section 73 of the …
