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CIRCULAR NO. SEBI/HO/MIRSD/SECFATF/P/CIR/2024/17, DATED 19-03-2024

March 21, 2024

SEBI allows reporting entities to use e-KYC Aadhaar Authentication services of UIDAI in Securities Market as ‘sub-KUA’
Editorial Note : Earlier, SEBI had allowed certain reporting entities to perform aadhaar authentication services under the Aadhaar Act, 2016. The permission was granted only for Aadhar authentication as required u/s 11A of the Money Laundering Act, 2002. These entities are now allowed to perform authentication services of UIDAI in the securities market as sub-KUA. The KUAs shall facilitate the onboarding of these entities as sub-KUAs to provide the services of Aadhaar authentication with respect to KYC.

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