Gazette Notification authorising REs to upload electronic copy of KYC data of their clients within 10 days

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.

Uploading of existing clients’ KYC details

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.