Knowledge hub

This is regarding the introduction of OTP-based consent mechanism in the download process of Individual KYC records through API and screen-based download, and version changes to theCKYC Search API and CKYC Download API ...

The Central Know Your Customer (CKYC) initiative, established by the Government of India aims to streamline and simplify the KYC process across financial institutions. Managed by the Central Registry of Securitization Asset Reconstruction and Security Interest of India (CERSAI), CKYC serves as a unified repository for storing KYC records of ...

Central KYC Records Registry (CKYCRR) set up under Prevention of Money Laundering (Maintenance of Records Rules, 2005), is a Reporting Entity, substantially owned and controlled by the Central Government, and authorized by the Government to receive, store, safeguard and retrieve the KYC records in digital form of a client in ...

This is regarding the introduction of CKYC reference ID and the masking of the KYC identifier in CKYCRR responses ...

Amendment to the Master Direction - Know Your Customer (KYC) Direction, 2016
Please refer to the Master Direction - Know Your Customer (KYC) Direction, 2016 dated February 25, 2016, as amended from time to time, in terms of which Regulated Entities (REs) have to undertake Customer Due Diligence (CDD), ...

In exercise of the powers conferred by section 73 read with sections 11A and 12AA of the Prevention of Money-laundering Act, 2002, the Central Government hereby makes the following rules further to amend the Prevention of Money-laundering (Maintenance of Records) Rules, 2005 ...

The KYC record of a client is uploaded on the system of KRAs by the intermediaries performing client due diligence as per the provisions of SEBI KRA Regulations, 2011. Additionally, the KYC information is uploaded on CKYCRR by the intermediaries in terms of SEBI master circular SEBI/HO/MIRSD/SECFATF/P/CIR/2023/169 dated Oct 12, ...

Please refer to the Master Direction (MD) on KYC dated February 25, 2016, as amended from time to time, in terms of which Regulated Entities (REs) have to undertake Customer Due Diligence (CDD), as per the process laid out therein, for their customers ...

The Reserve Bank has, from time to time, taken measures to rationalise 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 Act, 2002 (PMLA) and rules framed thereunder ...

IRDAI had issued Master Guidelines on AML/CFT for General insurers and Life insurers in 2013 and 2015 respectively. Subsequently, multiple circulars had been issued on the subject ...

CKYC Communique exempts the reporting entities from uploading Self Help Groups (SHGs) and Joint Liability Groups (JLGs) related KYC records to CKYCR ...

CKYC Communique exempts the reporting entities from uploading Foreign Portfolio Investor's related KYC records to CKYCR ...

CKYC Communique necessitates all the reporting entities to issue a KYC Identifier to each client in a written format and specifies a format to be followed for the same ...

CKYC Application Form ...

SEBI - Circular ...

RE's are obligated to submit KYC records of Legal Entity Accounts opened on and after 01st April 2021 and with periodic updation when the updated KYC information is obtained ...

The IRDAI circular necessitates all Life and General Insurers (Including Standalone Health Insurers) to submit KYC information for legal entities records onboarded on or after 01st April 2021 & incremental upload of data at the time of periodic review ...

This communique necessitates upload of KYC information for the Legal entity customer on or after 01st April 2021 along with other keen obligations ...

CKYC Communiques to the Reporting entities covering all the enhancements and template changes since inception ...

All Regulated Entities are required to follow Customer identification procedures while undertaking a transaction either by establishing an account-based relationship or otherwise and monitor the transactions of these relationships ...

All indivudual customer onboarded into Financial Institution falling under the NABARD regulatory body, needs to report electronic copy the customer to CKYCR, by the RBI Master directions (KYC-2016) ...

Notification authorises every reporting entity to upload within ten days after the commencement of an account-based relationship with a client, file the electronic copy of the client's KYC records with the Central KYC Records Registry. This was three days earlier ...

Circular details out the dates for CKYC compliance (for the new accounts opened after Aug 1, 2016) required for entities registered under SEBI. For the Mutual fund entities, all the existing customer to be uploaded to CKYCR in tranches of 30% by November 30, 2016, another 30% by January 31, ...

The circular makes the RBI Master Directions on PMLA applicable to RRBs ...

SEBI Circular requiring SEBI Registered Intermediaries to upload the KYC data to the CKYCR, in respect of all individual accounts opened on or after August 1, 2016, ...

The circular necessitates upload of KYC information for the insurance sector. Life Insurers should upload KYC records only in respect of individual policyholders where policies are completed on or after 15th July, 2016 ...

Notification issued by the MOF authorising CERSAI, to act as and perform the functions of the Central KYC Records Registry including receiving, storing, safeguarding and retrieving the KYC records in digital form of a client ...

Notification authorising the REs to retrieve the KYC records online from the Central KYC Records Registry by using the KYC Identifier without requiring a client to submit the same KYC records or information or any other additional identification documents or details ...

All NRIs must adhere to global tax compliance systems for their offshore accounts. One of the most important sets of rules is outlined within the Foreign Account Tax Compliance Act or FATCA for NRIs living in the USA.  Any NRI ...

This link can be refered to identify the latest/upcoming circulars or notfications ...

Due deligence and reporting requirements and other notifcations regarding FATCA CRS by SEBI ...

The guidance note aims to explain FATCA and CRS reporting requirements in a simple manner in order to assist FI, Banks and other bodies in complying with the reporting regulatory requirements ...

The guidance note aims to explain FATCA and CRS reporting requirements in a simple manner in order to assist FI, Banks and other bodies in complying with the reporting regulatory requirements ...

The guidance note aims to explain FATCA and CRS reporting requirements in a simple manner in order to assist FI, Banks and other bodies in complying with the reporting regulatory requirements ...

Important Notifications regarding FATCA CRS reporting purpose by IRDAI ...

Reporting requirement, other Consequences and notifcations regarding FATCA CRS by SEBI ...

The guidance note aims to explain FATCA and CRS reporting requirements in a simple manner in order to assist FI, Banks and other bodies in complying with the reporting regulatory requirements ...

Important Notifications regarding FATCA CRS regulatory reporting purpose by RBI ...

Inter-governmental agreement circular by SEBI ...

All reporting entities under the Insolvency and Bankruptcy Board of India (IBBI), submitting Information utility compliance to NESL need to now migrate from form C V2.3 to form C V2.5 by 30th November 2021 ...

NESL is the first company who got licensed for information utility for latest communication of the regulatory Bodies refer this link ...

Important regulations regarding IU & Insolvency regulation process by IBBI ...

Regulations provided by IBBI regarding the importance of submitting customer information to IU and how it will be useful during insolvency explained in various chapters.Ref No.IBBI/2016-17/GN/REG009 - 2019 ...

Regulations provided by IBBI regarding the importance of submitting customer information to IU and how it will be useful during insolvency explained in various chapters.Ref No.IBBI/2016-17/GN/REG009 - 2018 ...

Regulations provided by IBBI regarding the importance of submitting customer information to IU Ref No.IBBI/2016-17/GN/REG009 - 2018 ...

Important Notification regarding IU by RBI ...

Regulations provided by IBBI regarding the importance of submitting customer information to IU Ref No.IBBI/2016-17/GN/REG009 - 2017 ...

IFSCA (AML , CFT & KYC) Guidelines, 2022 ...

Modifications under IFSCA Guidelines, 2022 for specifying additional AML/CFT/KYC measures & clarifications ...

Guidance to the IFSCA (AML,CFT & Know Your Customer) Guidelines, 2022 ...

Additional AML measures under the IFSCA (AML, CFT & KYC) Guidelines, 2022 ...

Guidance to the IFSC Authority (AML, CFT & KYC) Guidelines, 2022 ...

Modifications under IFSCA (AMl,CFT & KYC) Guidelines, 2022 ...

In an era where personal data security & data privacy are paramount, the Unique Identification Authority of India (UIDAI) brought forth the concept of "Masked Aadhaar." This innovative feature offers a powerful way to enhance privacy and security for Aadhaar ...

Regulation on Adhaar Masking dated 24 April 2020: Clarification on Know Your Client (KYC) Process andUse of Technology for KYC: Ref: SEBI/HO/MIRSD/DOP/CIR/P/202 ...

Regulation on Aadhaar Masking: Master Direction – Know Your Customer (KYC) Direction, 2016 (Updated 29 May 2019): RBI Aadhaar masking mandatory guidelines ...

This link gives you a detailed explanation by RBI to redact the aadhaar number before storing into system ...

Regulation on Aadhaar Masking dated 29 January 2019: Allowing of Aadhaar Card as one of the acceptable documents for KYC- under certain conditions: Ref: IRDAI/SDD/Cl R/MISC/020/01/2019 ...

Regulation on Aadhaar Masking dated 23 October 2018: Ordinance Aadhaar Amendment: F.No.13012/171/2018/Legal/UIDAI/114 ...

SEBI (Prohibition of Insider Trading) Regulations, 2015 (hereinafter referred to as “PIT Regulations, 2015”) came into effect from May 15, 2015. Subsequently amendments were made to put in place a framework for prohibition of insider trading in securities and to ...

No. SEBI/LAD-NRO/GN/2022/108.—In exercise of the powers conferred by section 30 read with clause (g) of sub-section (2) of section 11 and clauses (d) and (e) of section 12A of the Securities and Exchange Board of India Act, 1992 (15 of ...

SEBI circular dated 9th September, 2020 for automation of continual disclosures of PIT regulations - System driven disclosures. The system driven disclosures for member(s) of promoter group and designates employee(s) in addition to promoter(s) and director(s) of the company under ...

Amendments to Prevention of Insider Trading guidelines dated 17th July, 2020 for structured digital database require directors or heads of organization to maintain UPSI digital database such that this function is not outsourced & maintained internally. Also, the structured digital ...

ICSI guidance note on PIT regulations for UPSI digital database implementation by listed entities, intermediaries and broking houses ...

Prohibition of Insider Trading (PIT) (Third Amendment) Regulations, 2019 dated 17 Sep 2019. The PIT guidelines require listed entities, intermediaries and brokers to have an internal code of ethics policy detailing trading restrictions basis employee classification ...

Research analyst regulations issued by SEBI dated 01 Sep 2014. The RAC guidelines require research entities to ensure RA trades are in compliance with trading restrictions for publishing reasearch reports ...

Regulated Entities (REs) are advised to utilize the Mobile Number Revocation List (MNRL) available on the Digital Intelligence Platform (DIP) developed by the Department of Telecommunications (DoT), Ministry of Communications, Government of India, to monitor and clean their customer database ...

The Prevention of Money Laundering Act 2002 ("PMLA") was brought into force with effect from 1st July 2005. Necessary Notifications/Rules under the said act were published in the Gazette of India on July 01, 2005 by the Department of Revenue, ...

This has reference to SEBI circular (Reference no. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2024/96 dated July 04, 2024, titled ‘Measures to instil confidence in securities market – Brokers’ Institutional mechanism for prevention and detection of fraud or market abuse’ and NSE circular ‘NSE/SURV/62827’ dated 8 ...

In an ever changing business environment and the increasing level of complexities in the banking and other financial products offered by banks and other regulated entities (REs), there is always a likely exposure to the elevated money laundering (ML)/ terrorist ...

The Financial Action Task Force (FATF) is an independent inter-governmental body that develops and promotes policies to protect the global financial system against money laundering, terrorist financing and the financing of proliferation of weapons of mass destruction. The FATF Recommendations ...

India’s outstanding outcome at the FATF Mutual Evaluation and the adoption of the Mutual Evaluation Report at the FATF plenary in Singapore is a significant milestone in the nation’s effort to combat money laundering (ML) and terrorist financing (TF) ...

ADVISORY FOR IMPLEMENTATION OF SECTION 12A OF THE WEAPONS OF MASS DESTRUCTION AND THEIR DELIVERY SYSTEMS (PROHIBITION OF UNLAWFUL ACTIVITIES) ACT, 2005 ...

Money laundering as well as terrorist financing are the driving forces behind transnational crimes. As a result of high-value fines and enforcement actions, authorities worldwide have significantly raised their focus on Anti-Money Laundering (AML) compliance in recent years and this ...

Procedure for implementation of Section 12A of "The Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Act, 2005" ...

Registration of Trust and Company Service Provider (TCSP) with FIU-IND in FINNET 2.0 portal as Reporting Entity - reg.  ...

का.आ. 2135(अ).—कें द्रीय सरकार, धनिोधन जनिारण अजधजनयम, 2002 (2003 का 15) की धारा 2 की उपधारा (1) के  खंड (धक) के उपखंड (vi) द्वारा प्रित् त िजत तयक का प्रयोग करते एए, यथाजस्ट्थजत, दकसी अन्य व्यजि की ओर से या ...

Frequently Asked Questions (FAQs) on Notification dated 3rd May, 2023 under the Prevention of Money Laundering Act, 2002 ...

केंद्रीय सरकार, धन-िोधन जनिारण अजधजनयम, 2002 (2003 का 15) की धारा 2 की उपधारा (1) के खंड (धक) के उपखंड (iv) द्वारा प्रदत् त िजत तयक का प्रयोग करते एए, अपने व्यिसाय के अनुक्रम में दकसी सुसंगत व् यजत त ...

Please refer to the Master Direction (MD) on KYC dated February 25, 2016, as amended from time to time, in terms of which Regulated Entities (REs) have to undertake Customer Due Diligence (CDD), as per the process laid out therein, ...

Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Addition of two entries ...

The Government of India, Ministry of Finance has issued an order dated January 30, 2023 vide F. No. P- 2011/14/2022-ES Cell-DOR (“the Order”) detailing the procedure for implementation of Section 12A of the Weapons of Mass Destruction and their Delivery ...

Procedure for Implementation of Section 12A of ‘The Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Act, 2005(WMD Act) ii) Appointment of nodal officer for Implementation of Section 12A of WMD Act iii) Change of nodal ...

Every Banking Company or Financial Institution or intermediary, as the case may be, shall register the details of a client, in case of client being a non-profit organisation, on the DARPAN Portal of NITI Aayog, if not already registered, and ...

Procedure of implementation of Section 12A of "The Weapons of Mass Destruction and their Delivery Systems" ...

AML & CFT guidelines for dealers in precious metals and precious stones, 2023 ...

Terrorist organizations use advanced techniques to finance their activities, including the use of multiple financial transactions, a variety of financial instruments and other types of value-storing assets, different financial institutions, accountants, financial advisers, shell corporations, and other service providers, as ...

This has reference to Master Guidelines on Anti-Money Laundering/ Counter Financing of Terrorism (AML/CFT), 2022 issued vide ref. IRDAI/IID/GDL/MISC/ 160/8/2022 dated 1st August 2022. 2. As per the para 2.3 of the Guidelines, the Guidelines would come into force from ...

IRDAI had issued Master Guidelines on AML/CFT for General insurers and Life insurers in 2013 and 2015 respectively. Subsequently, multiple circulars had been issued on the subject ...

In this circular, the Know Your Customer (KYC) guidelines have been revisited in the context of the recommendations made by the Financial Action Task Force (FATF) on Anti Money Laundering (AML) standards and on Combating Financing of Terrorism (CFT) ...

NSDL published a circular on ‘ 'Surveillance Obligation of Depository participants' on 15th July 2021. Refer to the circular for detailed information ...

CDSL published a circular on ‘ 'Surveillance Obligation of Depository participants' on 15th July 2021. Refer to the circular for detailed information ...

The Bombay Stock Exchange published a circular on 'Surveillance Obligation of Trading members’ as of 01st July 2021' Refer to the circular for detailed information ...

The National Stock Exchange and Bombay Stock Exchange published a circular on 'Surveillance Obligation of Trading members in Depository participants as on 01st July 2021' Refer to the circular for detailed information ...

RBI Circular on AML Dated 20.04.2020 ...

The Directives as outlined in this circular provide guidance on the practical implications of the PMLA,2002.These Directives are intended for use primarily by intermediaries registered under Section 12 of the SEBI Act 1992 also,they shall be able to satisfy themselves ...

The NGO- DARPAN is a platform that provides space for interface between VOS/NGOS and key Government Ministries /Departments/Government Bodies. This is a free facility offered by the NITI Aayog in association with National Informatics Centre to bring about greater partnership ...

In order to prevent banks and other financial institutions from being used as a channel for Money Laundering (ML)/ Terrorist Financing (TF) and to ensure the integrity and stability of the financial system, efforts are continuously being made both internationally ...

In this circular, the Know Your Customer’ (KYC) guidelines have been revisited in the context of the recommendations made by the Financial Action Task Force (FATF) on Anti Money Laundering (AML) standards and on Combating Financing of Terrorism (CFT) ...

Guidelines issued by IRDA for the Insurance industry inline with the Prevention of Money Laundering Act (2005) ...

Prevention of Money Laundering Act 2002 ...

"Fighting Financial Crime the New Way" was a landmark event in the compliance sector, held on 23rd July 2024 at the Sofitel Hotel, BKC. The event saw a remarkable turnout with 335 attendees, including representatives from 123 client institutions ...

TrackWizz on cloud with Artificial Intelligence for Aadhaar image masking. We are glad to inform you that we have achieved a milestone by roll out our first offering on cloud with Artificial intelligence. The makes available restful API which will ...

At the Fintelekt AML 9th Annual Summit India 2019, Mr. Sagar Tanna speaks about Risk Rating and Periodical Reviews. He speaks about the importance of the customers' KYC being upto date. The scope of the session is a) Initial Risk ...

At the 8th MiNE India 2019 B2B exhibition and conference held at Chennai, Miss Pinky Makwana speaks about CKYC, the obligations of NBFC & MFI under CKYC and role of TrackWizz in CKYC compliance ...

At the 7th MiNE India 2019 B2B exhibition and conference held at New Delhi, Mr. Sagar Tanna speaks about: 1) Working of CKYC and its benefits to micro finance & NBFC institutions 2) Introduction to Information Utility (IU) and what ...

At the Fintelekt AML 8th Annual Summit India 2018, Mr. Sagar Tanna speaks about transition from Aadhar based e-KYC customer onboarding to use of CKYC for Re-KYC of customers. He speaks of the need to migrate from Aadhar based customer ...

During the PMLA seminar held at BSE, Mr Sagar Tanna speaks on two things: 1) Registering with FIU & 2) Key implementation learnings/experiences for AML in the last 7-8 years ...

As a part of knowledge series by Brokers forum, Mr Sagar Tanna speaks about PMLA - Anti Money Laundering in addition to: 1) Obligations of stock brokers 2) Key items of implemention of good AML program 3) Objectives and specific ...

A PMLA seminar at BSE where Mr Sagar Tanna speaks on the following: 1) Key problems in AML implementation 2) Types of alerts 3) Alert analysis and closure 4) Sample case studies ...