Fema / RBI : Explore RBI's updated Master Directions on KYC for individuals: Strengthening compliance, combating fraud, and enhancing financial...
SEBI : SEBI extends the deadline for physical security holders to submit KYC documents. Find out the new submission deadline, actions for...
Company Law : Discover essentials of Director KYC for fiscal year 2023-24. Learn about DIN, filing requirements, and consequences of non-complia...
Company Law : Discover the essential considerations for professionals while preparing, verifying, and certifying e-form DIR-3 KYC. Learn about t...
SEBI : Stay compliant with SEBIs latest norms effective April 1, 2023. Learn about processing investor service requests, furnishing PAN, ...
Corporate Law : Shri Piyush Goyal calls for a Single window portal for doing robust common KYC system for Stock Brokers, Mutual Fund and depositor...
Corporate Law : Highlight: -As per the new orders, Aadhaar-based e-KYC process has been reintroduced for issuing new mobile connections. -Telecom ...
Company Law : BJP professional cell, Mumbai has requested FM that The KYC for DIN Of Director should be once in 5 years or linked to be Aadhar e...
Corporate Law, Finance : Norms of Aadhaar KYC are eased, not of the Change of Address in Aadhaar Norms of Aadhaar KYC are eased for opening of bank account...
Company Law : As part of updating its registry, MCA is conducting KYC of all Directors of all companies annually through a new eform viz. DIR-3 ...
SEBI : SEBI issues circular SEBI/HO/MIRSD/SECFATF/P/CIR/2024/79 regarding uploading of KYC information by KRAs to CKYCRR, modifying KYC n...
SEBI : Discover the list of entities permitted to utilize Aadhaar e-KYC authentication services in the securities market as sub-KUA, as p...
SEBI : SEBI Circular announces addition of 4 entities for e-KYC Aadhaar Authentication in securities market. Learn about the implications...
Fema / RBI : Discover latest amendment by RBI to the Master Direction (MD) on KYC and its implications for regulated entities. Stay updated wit...
Corporate Law : Learn about the PFRDA's recent announcement on Aadhaar verification under PMLA. Understand the responsibilities of Reporting Entit...
It has been brought to the notice of RBI that for opening bank accounts of salaried employees, some banks rely on a certificate/letter issued by the employer as the only KYC document for the purposes of certification of identity as well as address proof. Such a practice is open to misuse and fraught with risk.
All mutual fund investors, new as well as existing, will need to mandatorily furnish their PAN (Permanent Account Number) details from next year irrespective of the size of their investment. The move is part of the revised Know-Your-Customer (KYC) co
The Institute of Chartered Accountants of India (ICAI), the national standard setting body of auditors, has proposed comprehensive changes to the current accounting practices in commercial banks to make bank audits foolproof and effective.
This seems to be the biggest slip by an Indian financial institution which is supposed to maintain heightened vigilance on suspicious and high-value cash transactions. At least Rs 640 crore was deposited in cash by one of the alleged front companies of former Jharkhand CM Madhu Koda in a state-owned bank in Mumbai. The bank failed to trigger an alert to countless intelligence agencies tasked to keep a tab.
