Guidelines in pursuance of amendment to SEBI KYC Registration Agency (KRA) Regulations, 2011

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.... Mutual Funds (MFs) and AMCs 5. Portfolio Managers (PMs) 6. Collective Investment Schemes (CIS), 7. Investment advisors 8. Registrar and Transfer Agents 9. Custodians 10. Alternate Investment Funds (AIFs) 11. Association of Mutual Funds in India (AMFI) Dear Sir/Madam, Subject: Guidelines in pursuance of amendment to SEBI KYC Registration Agency (KRA) Regulations, 2011 SEBI vide its circu....

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....ts whose have completed KYC using non-Aadhaar OVD shall be validated only upon receiving the Aadhaar Number. 3. During the process of validation, KRAs shall validate the following details: a. Aadhaar through Unique Identification Authority of India (UIDAI) authentication/verification mechanism. b. Mobile number and e-mail ID using OTP validation (only in cases where mobile number and e-mail I....

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....er may be used by the client for opening of account with any other intermediary, without repeating the KYC process. 8. The KYC records of new clients (who have used Aadhaar as an OVD) shall be validated within 2 days of receipt of KYC records by KRAs. 9. KYC records of all existing clients (who have used Aadhaar as an OVD) shall be validated within a period of 180 days from July 01, 2022. 10. K....