Aadhaar e KYC authentication permitted for newly notified reporting entities as sub KUAs enabling securities market KYC onboarding. Permission is granted for specified reporting entities to undertake Aadhaar authentication as sub-KUA for customer on boarding in the securities market, subject to compliance with applicable privacy and security standards and the procedural framework for e KYC. These entities must follow the processes set out in SEBI's Master Circular on KYC and any UIDAI prescriptions, and KUAs are to facilitate their on boarding as sub KUAs to provide Aadhaar authentication for KYC purposes.
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 e KYC authentication permitted for newly notified reporting entities as sub KUAs enabling securities market KYC onboarding.
Permission is granted for specified reporting entities to undertake Aadhaar authentication as sub-KUA for customer on boarding in the securities market, subject to compliance with applicable privacy and security standards and the procedural framework for e KYC. These entities must follow the processes set out in SEBI's Master Circular on KYC and any UIDAI prescriptions, and KUAs are to facilitate their on boarding as sub KUAs to provide Aadhaar authentication for KYC purposes.
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