KYC: SEBI sets upload deadline
Category: RegulationThe Securities and Exchange Board of India (SEBI) has asked intermediaries to upload KYC (know your client) details of existing customers to a centralised database maintained by KYC registration agencies (KRAs). SEBI said this would remove duplication in the process of collecting KYC details. All intermediaries – KRAs, brokers through stock exchanges, depository participants, mutual [...]
