Sebi Directs Sub-KYC User Agencies to Provide Aadhaar Authentication to Their Clients

Capital markets regulator Sebi has issued directives for sub-KYC user agencies to provide Aadhaar authentication services to their clients for the purpose of know your customer (KYC). This comes after the government last week notified 155 entities as sub-KUAs (KYC user agencies) to use Aadhaar authentication services of the UIDAI (Unique Identification Authority of In...