SEBI permits 155 reporting entities to do Aadhaar authentication as sub-KUA

Vide  Notification No. S.O. 3187(E) dated July 13, 2022 Govt notified 155 reporting entities as sub-KUA to use Aadhaar authentication services of UIDAI under section 11A of the Prevention of Money-laundering Act, 2002.

Also Read: KUA shall allow SEBI registered intermediaries to undertake Aadhaar Authentication

MINISTRY OF FINANCE
(Department of Revenue)
NOTIFICATION
New Delhi, the 13th July, 2022

S.O. 3187(E).—In exercise of the powers conferred by sub-section (1) of section 11A of the Prevention of Money-laundering Act, 2002 (15 of 2003)( hereinafter referred to as the Money-laundering Act), the Central Government, on being satisfied that the reporting entities mentioned in Column (2) of the Table below comply with the standards of privacy and security under the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 (18 of 2016)(hereinafter referred to as the Aadhaar Act), and it is necessary and expedient to do so, and after consultation with the Unique Identification Authority of India established under sub-section (1) of section 11 of the Aadhaar Act and the appropriate regulator, namely, the Securities and Exchange Board of India, hereby permits the said reporting entities to perform authentication under the Aadhaar Act for the purposes of section 11A of the Money-laundering Act, namely:-

TABLE

[F.No. P-12011/3/2022-ES Cell-DOR]

MEHTA SAMPADA SURESH, Director (Headquarter)