SEBI – Circular for CKYC Legal Entity roll out.

SEBI – Circular for CKYC Legal Entity roll out.

 

Central KYC Registry(CKYCR) by CERSAI under Prevention of Money Laundering Act (PMLA) is fully functional with KYC details of individuals since Aug 2016 and is ready to Go Live on 1st April with Legal Entities (LE).

According to the recent circulars, all the intermediaries under RBI (18th Jan 2020) and IRDA (22 Jan 2021) were obligated to do the submission.

Now, according to the latest circular from SEBI, dated 10th March 2021, all the registered intermediaries (RI) under SEBI are also directed to upload LE records to CKYC from 1st April 2021.

 

TrackWizz is ready to help with the CKYC solution for Legal Entity. 

TrackWizz CKYC Legal Entity (LE) solution has rolled out on 15th Feb 21. The application is ready to help you beat the deadline.

We are excited to help you comply with regulatory compliance, please fill the form and we will reach out to you. For more insights visit our website.

It is mandatory for  all reporting entities under regulator SEBI, few mentioned below :

  • Stock Brokers through Recognized Stock Exchanges
  • Depository Participants through Depositories
  • Association of Mutual Funds in India
  • All Mutual funds and AMCs through AMFI
  • Portfolio Managers
  • Investment Advisors
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