Uniform Know Your Client (KYC) Requirements for the Securities Markets

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..... ive Investment Schemes (CIS) Venture Capital Funds (VCFs) Dear Sirs, Subject: Uniform Know Your Client (KYC) Requirements for the Securities Markets 1. SEBI has been getting feedback from the investors that various SEBI registered intermediaries follow different KYC requirements. 2. In case of Mutual Funds, Portfolio Managers, Collective Investment Schemes and Venture Capital Fund .....

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..... the stock exchange(s) are obtained in Part II of the form. 4. With a view to bring about uniformity in securities markets, it has also been decided that the same KYC form and supporting documents shall also be used by all captioned SEBI registered intermediaries. The KYC form as given in Annexure-1 shall be filled by an investor at the account opening stage while dealing with any of the above .....

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..... s circular and ensure its full compliance in respect of all new clients from January 1, 2012. 7. The Depositories are also directed to bring the provisions of this circular to the notice of their Depository Participants, make necessary amendments to the relevant bye-laws, rules and regulations for the implementation of the above decision in coordination with each other and verify its compliance .....

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