Know Your Customer (KYC) Norms/Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT)/ Obligation of Authorised Persons under Prevention of Money Laundering Act (PMLA), 2002 – Money Changing Activities – Recognising E-Aadhaar as an ‘Officially Valid Document’ under PML Rules
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Accepting e-KYC as an Officially Valid Document enables paperless KYC with biometric authentication for identity and address verification. Authorised Persons may accept physical Aadhaar or UIDAI e-KYC outputs as an Officially Valid Document for identity and, where address matches, for address verification. Use of UIDAI e-KYC requires the individual's explicit consent, biometric authentication, a KYC User Agency agreement with UIDAI, deployment of certified biometric scanners and UIDAI compliant software, and capture of the digitally signed, encrypted demographic data and photograph with a full audit trail. e-Aadhaar downloaded from UIDAI may be printed from the portal or authenticated by UIDAI services as prescribed.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Accepting e-KYC as an Officially Valid Document enables paperless KYC with biometric authentication for identity and address verification.
Authorised Persons may accept physical Aadhaar or UIDAI e-KYC outputs as an Officially Valid Document for identity and, where address matches, for address verification. Use of UIDAI e-KYC requires the individual's explicit consent, biometric authentication, a KYC User Agency agreement with UIDAI, deployment of certified biometric scanners and UIDAI compliant software, and capture of the digitally signed, encrypted demographic data and photograph with a full audit trail. e-Aadhaar downloaded from UIDAI may be printed from the portal or authenticated by UIDAI services as prescribed.
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