Maintenance of the records of the identity of clients.

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..... ing the electronic copy of such records with the Central KYC Records Registry.] 3 [(2) The records of the identity of clients shall be maintained by a reporting entity in the manner as may be specified by the Regulator from time to time.] (3) Where the reporting entity does not have records of the identity of its existing clients, it shall obtain the records within the period specified by .....

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..... erification and Maintenance of Records of the Identity of the Clients of the Banking Companies, Financial Institutions and Intermediaries) (Amendment) Rules, 2005, w.e.f. 13-12-2005, Prevention of Money-Laundering (Maintenance of Records of the Nature and Value of Transactions, the Procedure and Manner of Maintaining and Time for Furnishing Information and Verification and Maintenance of Records o .....

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..... be maintained in hard and soft copies in a manner as may be specified by its Regulator from time to time. (3) The records of the identity of clients shall be maintained for a period of ten years from the date of cessation of the transactions between the client and the banking company or financial institution or intermediary, as the case may be. Explanation .-For the purposes of this r .....

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