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TMI BlogSecretary, Department of Financial Services chairs meeting on revamping of Central KYC Records and KYC related issuesX X X X Extracts X X X X X X X X Extracts X X X X ..... Secretary, Department of Financial Services chairs meeting on revamping of Central KYC Records and KYC related issues X X X X Extracts X X X X X X X X Extracts X X X X ..... Department of Financial Services (DFS) chaired a meeting today at Manthan, DFS to discuss the revamp of the Central KYC Records Registry (CKYCR) and key issues related to Know Your Customer (KYC) com ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pliance with the objective of making life of citizen comfortable while availing Financial Services. The meeting included senior officials from concerned Ministries/Departments, financial sector regula ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tors, financial institutions, and other stakeholders. In the meeting, Shri. Nagaraju emphasized the need for the modernization of the Central KYC Records Registry (CKYCR) and streamlining of KYC proc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ess. Key issues & challenges concerning individuals and regulated entities, measures so far taken by the Government and Financial Sector Regulators and proposed measures for further enhancing efficien ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cy, reducing redundancy and improving security relating to KYC process across financial sectors were discussed at length. During the discussion, many suggestions were received from stakeholders which ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... will be considered for further easing of the KYC process. X X X X Extracts X X X X X X X X Extracts X X X X
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