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.
Regulation on Aadhaar Masking dated 23 October 2018: Ordinance Aadhaar Amendment: F.No.13012/171/2018/Legal/UIDAI/114
Due deligence and reporting requirements and other notifcations regarding FATCA CRS by SEBI.
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
Most promising Financial Technology Solution Provider in India
by CIO review 2017
Regulations provided by IBBI regarding the importance of submitting customer information to IU Ref No.IBBI/2016-17/GN/REG009 – 2017
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.
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, 2017 and the rest 40% data by March 31, 2017.
The circular makes the RBI Master Directions on PMLA
applicable to RRBs.