Masking KYC Identifier in CKYCRR
This is regarding the introduction of CKYC reference ID and the masking of the KYC identifier in CKYCRR responses.
Author: admin
Amendment to Master Direction – KYC Direction, 2016
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), as per the process laid out […]
Upstox becomes 1st largest retail broker to implement real-time AML checks using TrackWizz’s Screenzaa solution
Upstox, one of India’s largest stock trading and investment platforms has become first in its category to implement real-time Anti Money Laundering checks provided by Screenzaa
Internal Risk Assessment Guidance for Money Laundering/Terrorist Financing Risks
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 financing (TF)/ proliferation financing (PF) risks.
India Mutual Evaluation Report Sept 2024
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
are recognised as the global anti-money laundering (AML) and counter-terrorist financing (CTF) standard.
FATF’S MUTUAL EVALUATION OF INDIA & OUTCOMES – TrackWizz Publication
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).
TSS Consultancy launches Disclosure 360, simplifying Insider Trading Disclosures and UPSI Management
Reg-tech companies like TSS are ushering in a necessary change by providing capital markets, listed companies, MSMEs & other stakeholders with an important database such as Disclosure 360…
MoF (DoR) Gazette of India- PMLA Amendment CKYC Update Notification
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.
Disclosure 360 product launch
The “Disclosure 360” launch, themed ‘Fighting Financial Crime the New Way’, was held on 23rd July 2024 at the Sofitel Hotel, BKC, it drew an impressive audience of 335 senior professionals, including representatives from 123 client institutions within the BFSI industry.
Uploading of KYC information by KYC Registration Agencies (KRAs) to Central KYC Records Registry (CKYCRR)
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, 2023 on KYC norms in […]