News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
« Latest Circulars »
 Notification No. 40/2019 Ministry Of Finance
 Financial Action Task Force (FATF) Public Statement dated February 22, 2019
 Incentive for improving service to non-chest branches May 23, 2019
 RBI Central Board meets at Chennai
 Auction of Government of India Dated Securities May20, 2019
 Auction for Sale (re-issue) of Government Stock (GS) 20 May 2019
 RBI- Auction of State Government Securities
 Committee on Deepening of Digital Payments Submits its Report to RBI
  RBI-Conversion of Government of India (GoI)’s Securities
 Risk Management System – Appointment of Chief Risk Officer (CRO) for NBFCs
 RBI publishes ‘Payment and Settlement Systems in India: Vision 2019 – 2021’

RBI-Recognizing E-Aadhaar as an Officially Valid Document under PML Rules
June, 26th 2014

RBI/2013-14/660
DPSS. CO. D. No. 2646/02.27.005/2013-14

June 20, 2014

To
All Payment System Providers, System Participants
and prospective Prepaid Payment Instrument Issuers

Madam/Dear Sir,

Know Your Customer (KYC) Norms /Anti-Money Laundering (AML) Standards/ Combating of Financing of Terrorism (CFT)/Obligation of Payment System Operators under Prevention of Money Laundering Act (PMLA), 2002 – e-KYC Service of UIDAI – Recognizing E- Aadhaar as an ‘Officially Valid Document’ under PML Rules

Please refer to our circular DPSS.CO.AD.No.919/02.27.005/2013-14, dated October 25, 2013, advising the acceptance of e-KYC of UIDAI as a valid process for KYC verification under the Prevention of Money Laundering (Maintenance of Records) Rules, 2005.

2. In this regard, we are enclosing a copy of circular DBOD.AML.BC.No.100/14.01.001/2013-14 dated March 4, 2014 (ref. RBI/2013-14/510) issued by Department of Banking Operations and Development, Central Office on the above subject.

3. It is advised that the instructions contained therein with respect to e-Aadhaar downloaded from UIDAI website may be followed by all payment system participants/operators. They should note the contents of the circular and ensure strict adherence. The Payment System Operators authorized under the Payment and Settlement Systems Act, 2007 (PSS Act) may revise their KYC policy accordingly and ensure strict adherence.

Yours faithfully,

(Sangeeta Lalwani)
General Manager

Encl: As above

Home | About Us | Terms and Conditions | Contact Us
Copyright 2019 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Bath SEO Company Birmingham SEO Company Bradford SEO Company Brighton and Hove SEO Company Bristol SEO Company Cambridge SEO Company Canterbury SEO Company Carlisle SEO Company Chester SEO Company Chichester SEO Company Coventry SEO Compan

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions