The SEBI has issued additional guidelines in pursuance of amended SEBI KYC Registration norms. The Guidelines provide that ‘KYC Registration Agency (KRA)’ shall continue to act as the repository of KYC data in the securities market and shall be responsible for storing, safeguarding, and retrieving the KYC documents and submit to the Board or any other statutory authority as and when required. KRAs shall independently validate records of clients whose KYC has been completed using Aadhaar.The SEBI has issued additional guidelines in pursuance of amended SEBI KYC Registration norms. The Guidelines provide that ‘KYC Registration Agency (KRA)’ shall continue to act as the repository of KYC data in the securities market and shall be responsible for storing, safeguarding, and retrieving the KYC documents and submit to the Board or any other statutory authority as and when required. KRAs shall independently validate records of clients whose KYC has been completed using Aadhaar.taxmann.com Latest Statutory HappeningsRead More
