PFDRA issues circular on Central KYC Record Registry.

The Pension Fund Regulatory and Development Authority of India vide its notification dated 26th July 2021 has revised its earlier circular on central KYC records registry (CKYCR)’

The Government of India has authorized the Central Registry of Securitization and Asset Reconstruction and Security interest of India (CERSAI) to perform the functions of the Central KYC Records Registry under the PML Rules 2005, including receiving, storing, safeguarding and retrieving the KYC records in digital form of a client.

As per the PML (Maintenance of Records) Rules, 2005, as amended from time to time, every reporting entity shall capture the KYC information for sharing with the Central KYC Records Registry in the manner mentioned in the Rules, as per the KYC template for ‘individuals’ finalised by CERSAI.

Once KYC Identifier is generated by CKYCR, PoPs(Points of Presence) shall ensure that the same is communicated in writing and in confidential manner to the subscribers and where a subscriber, for the purposes of establishing an account-based relationship, submits a KYC Identifier to PoP, then such PoP shall retrieve the KYC records online from the Central KYC Records Registry by using the KYC Identifier and shall not require a subscriber to submit the same KYC records or information or any other additional identification documents or details, unless there is a change in the information of the subscriber as existing in the records of Central KYC Records Registry or change in current address of the subscriber.

PoPs after obtaining additional or updated information from a subscriber shall as soon as possible furnish the updated information to the Central KYC Records Registry.


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