Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
SEBI - Highlights / Catch Notes

Home Highlights June 2024 Year 2024 This

The circular addresses the uploading of KYC information by KYC ...


New rules for uploading KYC info by intermediaries to CKYCRR for ease of business. Changes to SEBI master circular.

Circulars     SEBI

June 7, 2024

The circular addresses the uploading of KYC information by KYC Registration Agencies (KRAs) to the Central KYC Records Registry (CKYCRR). Intermediaries u/s 12 of the SEBI Act, 1992 must upload KYC records to KRAs as per SEBI KRA Regulations, 2011. Additionally, intermediaries must upload KYC information to CKYCRR as per SEBI master circular SEBI/HO/MIRSD/SECFATF/P/CIR/2023/169. Modifications include KRAs uploading verified KYC info to CKYCRR within 7 days, starting from August 01, 2024. Existing KYC records must be uploaded within 6 months from the same date. The circular is issued u/s 11(1) of the SEBI Act, 1992 and Regulation 17 of the SEBI{KYC Registration Agency} Regulations, 2011 to protect investor interests and regulate securities markets.

View Source

 


 

You may also like:

  1. SEBI issued a circular to intermediaries, stock exchanges, and industry associations regarding the review of validation of KYC records by KRAs under the Risk Management...

  2. E-way bill Rules - Rule 138D as amended - Facility for uploading information regarding detention of vehicle

  3. Cyber Security Operations Center for the SEBI registered intermediaries

  4. The circular addresses the disclosure requirements for Foreign Portfolio Investors (FPIs) regarding material changes and obligations. Amendments to SEBI regulations...

  5. The circular issued by SEBI on April 05, 2024, addresses the utilization of Aadhaar-based e-KYC authentication services in the securities market. It highlights the...

  6. Levy of service tax - Business Auxiliary Service or not - The appellant is neither related to import of goods nor any sale of goods and also nor concern with the payment...

  7. Directors KYC - e-Form DIR-3 KYC allowed to be submitted on or before 5.10.2018 - Rule 12A of the Companies (Appointment and Qualification of Directors) Rules, 2014

  8. Supply of services or deemed supply - Liaison office - applicant connects businesses in India with business partners in Dubai - intermediary - non-profit organization -...

  9. Turant Customs-Next generation reform for Ease of Doing Business

  10. AEO programme digitization - Ease of doing business - Development of web-based application for AEO-T1- reg.

  11. GST to facilitate ease of doing business: EU

  12. The circular reflects SEBI's ongoing efforts to streamline KYC processes in the securities market by leveraging Aadhaar-based e-KYC authentication services. By allowing...

  13. The circular issued by SEBI on April 24, 2024, addresses the ease of doing business by amending the requirement of publishing 'fit and proper' status on contract notes....

  14. SEBI issued a circular revising eligibility criteria for launching commodity futures contracts. The norms were modified based on representations and CDAC deliberations....

  15. Constitutional Validity - West Bengal Excise (Change in Management) Rules, 2009 - Changes in the Board of Directors - The inevitable conclusion must be that clause (d)...

 

Quick Updates:Latest Updates