KYC Registration Agency (KRA) Regulations, 2011

Published on April 08, 2022
Current Context: SEBI has issued fresh guidelines in pursuance of SEBI KYC Registration Agency Regulations, 2011 on April 6, 2022.
KYC Registration Agency (KRA) Regulations, 2011
  • As per the guidelines, KRA’s will continue to act as a repository of KYC data in the securities market.
  • They will have to independently validate records of clients whose KYC has been completed using Aadhar as OVD within 180 days from July 01, 2022.
  • Records of those clients whose KYC was completed using non- Aadhar documents will be validated on receiving the Aadhar number.
  • On successful completion of KYC validation – a unique client identifier shall be assigned by KRA to the client which may be used by the client to open an account with any other intermediary.

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