e-KYC acceptance: UIDAI e-KYC now valid proof of identity and address for intermediaries, client authorization required. SEBI requires regulated intermediaries to accept UIDAI's e-KYC as a valid KYC verification method, treating the information and photograph obtained through e-KYC as sufficient proof of identity and address, provided the client authorizes the intermediary to access their UIDAI data; this directive is issued under the powers of Section 11(1) to protect investors and regulate markets.
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.
e-KYC acceptance: UIDAI e-KYC now valid proof of identity and address for intermediaries, client authorization required.
SEBI requires regulated intermediaries to accept UIDAI's e-KYC as a valid KYC verification method, treating the information and photograph obtained through e-KYC as sufficient proof of identity and address, provided the client authorizes the intermediary to access their UIDAI data; this directive is issued under the powers of Section 11(1) to protect investors and regulate markets.
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