Centralization of certifications under Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS) at KYC Registration Agencies (KRAs)

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..... d Exchange Board of India Act, 1992 Dear Sir/Madam, Subject: Centralization of certifications under Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS) at KYC Registration Agencies (KRAs) 1. SEBI circulars CIR/MIRSD/2/2015 dated August 26, 2015 and CIR/MIRSD/3/2015 dated September 10, 2015 , and guidance note on FATCA and CRS norms issued by the Department .....

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..... rom the clients onto the system of KRAs with effect from July 01, 2024. 4. The existing certifications obtained from clients prior to July 01, 2024 shall be uploaded by the intermediaries onto the systems of KRAs within a period of 90 days of implementation of this circular as mentioned above in para 3. 5. The onus of obtaining and reporting the FATCA and CRS certification and related compli .....

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..... tion Agency} Regulations, 2011 to protect the interests of investors in securities and to promote the development of, and to regulate the securities markets. 9. This circular is available at www.sebi.gov.in under the link Legal --- Circulars . Yours faithfully, Sapna Sinha Deputy General Manager Tel. No. 022-2644 9748 Email id: [email protected] - Circular - Trade .....

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