Know Your Clients Kyc

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  SEBI Directs Sub-KYC User Agencies to Provide Aadhaar Authentication to Their Clients

  Capital markets regulator SEBI has issued directives for sub-KYC user agencies to provide Aadhaar authentication services to their clients for the purpose of know your customer (KYC). This comes after the government last week notified 155 entities as sub-KUAs (KYC user agencies) to use Aadhaar authentication services of the UIDAI (Unique Identifica...

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  'Companies To List Shares 3 Days After IPO': Sebi Announces Changes In Norms

  Sebi said it will put in place a revised settlement mechanism that bars wilful defaulters and fugitive economic offenders from settling proceedings. Sebi Chairman Ajay Tyagi said the key decisions include revised Know Your Client (KYC) norms for foreign portfolio investors (FPIs).

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  Sebi To Soon Take Call On Tightening P-Note Norms

  Looking to prevent money laundering, Securities and Exchange Board of India Chairman U K Sinha on Thursday said the regulator is in discussions with the industry on tightening the KYC (know your client) mechanism for participatory notes or P-Notes and will take a final decision on it soon.

• Sebi Board Approves Sharing KYC Details with Financial Regulators

  To ensure common Know Your Client (KYC) system for the entire financial sector, the Securities and Exchange Board of India (Sebi) board on Thursday approved the proposal for sharing KYC details with entities regulated by other financial sector watchdogs.

• Sebi May Allow Other Financial Regulators to Access Central KYC Data

  Market watchdog Sebi may soon allow other financial sector regulators to access the centralised database of Know Your Clients (KYC) details of capital market investors.

• Sebi makes KYC process easier for investors

  Making Know Your Client process easier for investors, market watchdog Securities and Exchange Board of India (Sebi) on Thursday cleared a proposal to allow various market entities such as brokers and mutual funds to get investor details from centralised KYC agencies, rather than carrying out a fresh KYC verification procedure.

• Sebi simplifies account opening process for investors

  Moving towards a common Know Your Client (KYC) framework for India's securities market, the Securities and Exchange Board of India (Sebi) has simplified investor account opening form.

• RBI relaxes KYC norms for updating bank data

  Banks will now be required to update know your customers (KYC) data only once in two years for high risk entities, and just once in 10 years for low-risk clients, the Reserve Bank of India (RBI) said on Tuesday.

• Sebi recommends easing rules for foreign investors

  A panel set up by the Sebi has recommended that the regulator simplify the Know Your Client (KYC) norms according to the risk profile of the investor.

• Sebi does away with physical filing of KYC documents to registration agencies

  To streamline the process of 'Know Your Client' procedures, market regulator Sebi has done away with the submission of physical documents by investors to the KYC Registration Agencies (KRAs) in favour of the electronic format only.