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)
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.
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
XIL has joined hands with TSS Consultancy Private Limited to
subscribe to TrackWizz CKYC solution to accelerate the
onboarding process for MSMEs.
Receivables Exchange of India (RXIL) a TReDS platform backed
by SIDBI and NSE, was launched in 2016 to help MSMEs settle
their invoices faster with large entities, including the Govt of
India, to solve working capital related bottlenecks.
By retrieving KYC details from the registry, TrackWizz CKYC will
assist RXIL in significantly reducing turnaround time.
CKYC Application Form