Supreme Court: Spouse Cannot Withdraw Consent for Mutual Divorce After Settlement Agreement  ||  Supreme Court Suspends PC Act Sentence of Former Minister Anosh Ekka, Flags Overlapping CBI Cases  ||  Supreme Court: Magistrate’s Probe Order Can’t be Quashed on Accused’s Defence  ||  Delhi High Court: No Adverse Inference if Handwriting Sample Refused Without Section 73 Disclosure  ||  J&K&L HC: Bank Officials Not Entitled to Section 197 CrPC Protection Despite Public Servant Status  ||  Kar HC Orders CBI Probe into 53-Acre Land Acquisition, Citing Alleged Monumental Fraud & Conspiracy  ||  Supreme Court Grants Probation to Convicts; Rules Fine-Only Cases Also Eligible  ||  SC Disposes Plea on Allied Health Course Moratorium After NCAHP Issues 2026–27 Guideline  ||  Supreme Court Grants Promotion Relief to Employee Denied Relaxation, Calling it Discrimination  ||  Patna HC: Tender Lapses if Not Extended on Time & Delay Cannot be Cured by Repeated Representations    

Central KYC Records Registry nears operation- (Insurance Regulatory and Development Authority) (12 Jul 2016)

MANU/IRDA/0022/2016

Insurance

IRDA announced completion of key steps in the finalisation of Know Your Customer Template for "individuals" and Operating Guidelines for uploading of KYC records by reporting entities to the Central KYC Records Registry.

The Central Registry of Securitisation and Asset Reconstruction and Security Interest of India will perform the functions of the CKYCRR under the PML (Maintenance of Records) Rules, 2005, effective 15 July 2016. The Rules require reporting entities to electronically file client KYC records within three days.

The government had announced in the 2012-2013 budget that a Central KYC depository would be developed to avoid multiplicity of KYC data received by banks and other financial institutions.

Tags : KYC   CENTRAL REPOSITORY   MULTIPLICITY  

Share :        
The Central Registry of Securitisation and Asset Reconstruction a... For read more news from newsroom.manupatra.com"data-action="share/whatsapp/share" class="ic_wtsp-grid">

Disclaimer | Copyright 2026 - All Rights Reserved