Aadhaar e-KYC Authentication: authorised entities may be onboarded as sub-KUAs to provide investor KYC authentication services. Specified entities are authorised to use Aadhaar e-KYC authentication services as sub-KUAs for resident investor KYC in the securities market. These entities must be onboarded as sub-KUAs through KUAs, follow the onboarding and operational processes prescribed in the KYC master circular and by the authentication provider, and comply with the Prevention of Money Laundering Act framework and related notifications. Registered intermediaries and exchanges must recognise and facilitate integration of these sub-KUAs and ensure adherence to the prescribed procedures.
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: authorised entities may be onboarded as sub-KUAs to provide investor KYC authentication services.
Specified entities are authorised to use Aadhaar e-KYC authentication services as sub-KUAs for resident investor KYC in the securities market. These entities must be onboarded as sub-KUAs through KUAs, follow the onboarding and operational processes prescribed in the KYC master circular and by the authentication provider, and comply with the Prevention of Money Laundering Act framework and related notifications. Registered intermediaries and exchanges must recognise and facilitate integration of these sub-KUAs and ensure adherence to the prescribed procedures.
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