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

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....pository Participants (DPs) through Depositories, 4. 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 ....

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....hose KYC has been completed using Aadhaar as an OVD. The records of those clients 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. M....

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.... a unique client identifier called KRA identifier shall be assigned by KRA to the client and such KRA identifier 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 c....