Sebi comes out with guidelines for KYC Registration Agencies - Moneycontrol

The move comes after SEBI, in January, notified new norms to make KRAs responsible for carrying out independent validation of the KYC records uploaded onto their system by Registered Intermediaries (RIs).

Capital markets regulator Sebi on Wednesday issued fresh guidelines for KYC Registration Agencies (KRAs) whereby such agencies will have to independently validate KYC records of all clients from July… [+3031 chars]

full article...