E-KYC setu - Notifying entities onboarded to perform authentication under the Aadhaar Act for the purposes of section 11A of the Prevention of Money-laundering Act, 2002.

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.... by sub-section (1) of section 11A of the Prevention of Money-laundering Act, 2002 (15 of 2003), in consultation with Unique Identification Authority of India (UIDAI), the Reserve Bank of India, the Securities Exchange Board of India, the Insurance Regulatory Authority of India and the Pension Fund Regulatory Authority of India, being the appropriate regulator, the Central Government, being satisf....

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....ndividual to the reporting entity. 3. NPCI shall ensure that the authentication is carried out using the Aadhaar number of the client as per the regulations laid down by UIDAI, without disclosing full Aadhaar number to the reporting entity, and after carrying out authentication, NPCI shall share the last four digits of the Aadhaar number of the client, alongwith his demographic details made avail....

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....ained by NPCI at http://npci.org.in/e-KYCsetu/ including the date from which they have been on-boarded. (ii) Before on-boarding any entity for this purpose, NPCI shall ensure that the entity satisfies all the requirements for carrying out authentication through the e-KYC setu. (iii) NPCI shall also ensure that the entity has requisite regulatory clearance, if required, to carry out the financial....