Aadhaar as Proof of Address expands KYC document acceptance and mandates intermediaries update address verification procedures. Aadhaar Letter issued by the Unique Identification Authority of India shall be admissible as Proof of Address in addition to its recognition as Proof of Identity for KYC compliance by SEBI-registered intermediaries and market participants; the circular further makes limited clerical corrections to effective dates in prior KYC circulars and is issued under SEBI's regulatory powers to protect investors and regulate the securities market.
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.
Aadhaar as Proof of Address expands KYC document acceptance and mandates intermediaries update address verification procedures.
Aadhaar Letter issued by the Unique Identification Authority of India shall be admissible as Proof of Address in addition to its recognition as Proof of Identity for KYC compliance by SEBI-registered intermediaries and market participants; the circular further makes limited clerical corrections to effective dates in prior KYC circulars and is issued under SEBI's regulatory powers to protect investors and regulate the securities market.
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