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KYC USER AGENCY
Now easier to enrol for NPS: Pension body launches StAR NPS for online onboardingThe Pension Fund Regulatory and Development Authority has launched a new digital platform called StAR NPS. This platform, developed by BSE ...
No law bans withdrawal of cryptocurrency: BinanceIndian crypto exchanges are blocking user withdrawals fearing misuse for money laundering. Global exchange Binance, however, permits free w...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%We are living in times when the morning may see conciliatory exchanges between the US and Iran, leading to a cooling in crude oil prices. B...
Capital market stocks: Time to change strategy? 10 stocks from different parts of the ecosystemThe capital market infrastructure sector has grown into a full-fledged, publicly-traded ecosystem. Today, investors can pick from exchanges...
Manage short-term risk and volatility for long-term opportunity: 7 stocks from different sectors with upside potential of up to 32%There will be many ifs and buts – and a high volatility quotient – when a market is in its initial phase of correction, especially a correc...
India is right to act on offshore crypto platforms but it must also build a fairer marketA Financial Action Task Force report backs India’s concerns that the real risk in crypto lies in offshore, non-compliant virtual asset serv...
UIDAI onboards satcom major Starlink for Aadhar-based customer verificationElon Musk's Starlink, a global internet provider, will use Aadhaar e-KYC to simplify user onboarding. It will ensure regulatory compliance ...
Starlink to use Aadhaar e-KYC for customer onboarding as UIDAI signs up satellite internet providerThe Unique Identification Authority of India (UIDAI) has onboarded satellite internet provider Starlink Satellite Communication Pvt Ltd, al...
UIDAI is working on simplifying offline Aadhaar for citizen KYCThe Unique Identification Authority of India (UIDAI) is looking to simplify the offline KYC process linked to Aadhaar, hoping to drive broa...
Sebi clears NPCI’s e-KYC Setu system for Aadhaar-based digital KYC by intermediariesTo make the KYC process easier, markets regulator Sebi on Monday said that registered intermediaries are allowed to use 'e-KYC Setu System'...
Sebi allows 39 entities to use e-KYC Aadhaar authentication services in securities mkt as sub-KUA"The above mentioned entities shall enter into an agreement with a KUA and get themselves registered with UIDAI ( Unique Identification Aut...
WazirX says it is compliant with KYC lawWarns users who are withdrawing funds to international exchanges of compliance issues.
RBI decision to allow NBFCs apply for Aadhaar-e-KYC Authentication Licence to promote digitisationRBI's initiative will help in improving trust levels among customers because only licensed entities will be permitted to conduct eKYC, said...
Sebi allows NSE to undertake e-KYC Aadhaar authenticationNSE is the ninth entity approved by Sebi to undertake e-KYC Aadhaar authentication.
CDSL gets UIDAI nod for e-KYC Aadhaar authenticationOnce market intermediaries register as KUA, they can open accounts using Aadhaar-based e-KYC (electronic Know Your Customer).
Return of Aadhaar-based e-KYC to make life easier for mutual fund investorsMutual fund distributors who want to undertake Aadhaar authentication services through KUAs (KYC User Agency) should enter into an agreemen...
Sebi issues circular on Aadhaar e-KYC for investorsThe circular mentions about the requirements to be fulfilled by entities registered with the UIDAI as KYC User Agency (KUA) as well as for ...
Fintech companies tell UIDAI to restore e-KYC verificationThese companies have sought help from the statutory authority under the Aadhaar Act 2016 to address the issue so that they can arrest the s...
KYC norms could burn a hole in e-wallet companies pocketsComplying with RBI's requirements could cost digital payments firms Rs 120 - Rs 200 per customer.
MFs can electronically verify client credentials through UIDAISimplifying the electronic verification process through Aadhaar, Sebi said mutual fund houses and market intermediaries can verify the cred...