Re KYC: Know Everything About Periodic Updation Re KYC: Know Everything About Periodic Updation eKYC,Regulations,Video KYC Re KYC – An Overview of Periodic Updation of KYC Re KYC is a measure taken by banks to guarantee that the details obtained at the time of bank account establishment, such as KYC docments, contact information, address and so on, are up to date. This... Read More
Anti-Money Laundering Guidelines Explained – IRDAI AML/CFT Guidelines Anti-Money Laundering Guidelines Explained – IRDAI AML/CFT Guidelines Regulations,Video KYC IRDAI Regulations For the Insurance Sector, 2022 – Master AML Guidelines The Insurance Regulatory and Development Authority of India (IRDAI) regulates the insurance industry in India. In 2013, and 2015, the IRDAI issued Master Guidelines on AML/CFT... Read More
Now eSign Real Estate Documents Online | Latest IT Act Amendment Now eSign Real Estate Documents Online | Latest IT Act Amendment eSign,Regulations Introduction The Ministry of Electronics and Information Technology (MeitY) has released a notification stating an important amendment to the Information Technology Act, 2000. The First Schedule of the IT Act, which contains a list of documents or transactions... Read More
These Five Documents Can Now Be E-Signed | MeiTY IT Act Amendment These Five Documents Can Now Be E-Signed | MeiTY IT Act Amendment Regulations MeiTY Amends IT Act (2000), Extends Purview of E-Signatures According to a notification released by the Ministry of Electronics and Information Technology (MeiTY), the First Schedule of the IT Act (2000) has been amended. The notification, dated 26th... Read More
How to eSign Key Fact Statements (KFS) With Digital Signatures How to eSign Key Fact Statements (KFS) With Digital Signatures eSign,Regulations Introduction The Reserve Bank of India (RBI) has released it’s Digital Lending Guidelines 2022, for all commercial and co-operative banks, and NBFCs (Non-Banking Financial Companies). The guidelines lay out new compliance requirements for digital... Read More
RBI Digital Lending Guidelines 2022 – Explained RBI Digital Lending Guidelines 2022 – Explained Regulations Introduction Digital lending has taken off in a big way in India, with digital loans making up more than 55% of total loans disbursed by private sector banks in 2020 and over 52% of loans provided by NBFCs in 2021. Despite this general uptick, lax customer... Read More
SEBI Introduces Demat, Debit & Pledge Instruction (DDPI) To Replace PoA SEBI Introduces Demat, Debit & Pledge Instruction (DDPI) To Replace PoA Digital Stamp,eSign,Regulations SEBI Releases Fresh Guidelines For PoA & DDPI The Securities and Exchange Board of India (SEBI) issued a circular dated April 4, 2022, stating that the Power of Attorney (PoA) usually granted to stockbrokers and depositories will no longer be allowed... Read More
Solving the KYC Compliance Challenge for Businesses Solving the KYC Compliance Challenge for Businesses eKYC,Regulations What is ‘Know Your Customer’ or ‘KYC’? Confirming a customer’s identity prior to his/her onboarding is important procedure businesses of all sizes need to follow. Through KYC compliance, businesses can verify & stay safe... Read More
DoT Permits eKYC & Self-KYC Authentication For New Mobile Connections DoT Permits eKYC & Self-KYC Authentication For New Mobile Connections eKYC,Regulations Government simplifies telecom rules, permits paper-less KYC In a series of notifications released on September 21, 2021, the Department of Telecommunications (DoT) informed all telecom service providers of sweeping changes to the onboarding process for... Read More
RBI Releases New Aadhaar eKYC Application Guidelines For NBFCs RBI Releases New Aadhaar eKYC Application Guidelines For NBFCs Regulations New Aadhaar Licence Procedure For NBFCs In a notification sent on September 13, 2021; RBI informed the chairpersons & CEOs of NBFCs of the new guidelines for applying for an Aadhaar licence to use online eKYC for client authentication via the client’s... Read More