CIRCULAR, CIR/MIRSD/ 09/ 2013, dated October 8,
2013
1. Please refer to SEBI Circular No.
CIR/MIRSD/ 09 /2012 dated August 13, 2012, advising that Aadhaar Letter issued
by UIDAI would be admissible as Proof of Address in addition to it being
recognized as Proof of Identity.
2. In consultation with Unique
Identification Authority of India (UIDAI) and the market participants, it has
now been decided to accept e-KYC service launched by UIDAI also, as a valid
process for KYC verification. The information containing relevant client
details and photograph made available from UIDAI as a result of e-KYC process
shall be treated as sufficient proof of Identity and Address of the client. However,
the client shall have to authorize the intermediary to access his data through
UIDAI system.
3. This circular is issued in exercise of
powers conferred under Section 11(1) of the Securities and Exchange Board of
India Act, 1992 to protect the interests of investors in securities and to
promote the development of, and to regulate the securities markets.
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