Operationalisation of Central KYC Records Registry (CKYCR)

• JI~ et;•twtn INSURANCE REGULATORY AND ir.lai DEVELOPMENT AUTHORITY OF INDIA Ref: IRDAI/SDD/MISC/CIR/ I 3·':>"'/07/2016 1 ih July, 2016 To Life and General Insurers Sub: Operationalisation of Central KYC Records Registry (CKYCR) 1. In order to facilitate Banks/Financial Institutions with KYC related information of customers so as to avoid multiplicity of undertaking KYC by Banks/Financial Institutions each time a customer avails any financial product/service, Hon'ble Finance Minister announced in the Union Budget 2012-13 that a Central Know Your Customer (KYC) depository will be developed to avoid multiplicity of registration of KYC data. 2. As per the 2015 amendment to PML (Maintenance of Records) Rules, 2005, every reporting entity shall within three days file the electronic copy of the client's KYC records with the Central KYC Records Registry ("CKYCR"). 3. Central Government has authorized the Central Registry of Securitization and Asset Reconstruction and Security interest of India (CERSAI), set up under sub-section (1) of Section 20 of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, to act as, and to perform the functions of, the Central KYC Records Registry under the PML Rules 2005, including receiving, storing, safeguarding and retrieving the KYC records in digital form of a "client", as defined in clause (ha) sub-section (1) of Section 2 of the Prevention of Money Laundering Act, 2002 (Copy of the Gazette notification is attached). 4. CERSAI has finalised KYC Template for "individuals" and Operating Guidelines for uploading KYC records by reporting entities to CKYCR. All the pre-requisites for operationalisation of CKYCR are in place to start CKYCR by 15th July, 2016. 5. Life Insurers should upload KYC records only in respect of individual policyholders where policies are completed on or after 15th July, 2016. General Insurers (including standalone Health Insurance Companies) should upload KYC records for claims "G'ft~\T<:R, tfimr"ffi.1', ~. ~-500004. 'llT«i ® : 91-040.2338 11 oo, m: 91-040-6682 3334 i-~: irda@irda.gov.in ~: www.irda.gov.in Parisharam Bhavan, 3rd Floor, Basheer Bagh, Hyderabad-500 004. India. Ph.: 91-040-23381100, Fax: 91-040-6682 3334 E-mail: irda@irda.gov.in Web.: www.irda.gov.tn settled in respect of individual policyholders on or after 15th July, 2016. Legal entities would be covered after finalization of KYC templates for legal entities. 6. In view of the above, you are hereby advised to upload the KYC records to CKYCR from 15th July, 2016 onwards, wherever KYC is carried out as per IRDAI AML/CFT Guidelines for Life Insurers dated 28th September, 2015 and IRDAI AML/CFT Guidelines for General Insurers dated ?1h February, 2013. 7. The KYC template for "individuals" and the "Central KYC Registry Operating Guidelines 2016" for uploading KYC records on CKYCR are enclosed herewith for your reference and necessary action. 8. For addressing any difficulty in uploading KYC records to CKYCR, CERSAI has operationalised a help desk. Contact details of the CKYCR Helpdesk: Phone: 022-61102592 (10 lines) Email: helpdesk@ckycindia.in The helpdesk support will be available Monday to Saturday from 8.00 am to 8.00 pm. 9. Please submit a monthly statement of the number of records to be uploaded and records actually uploaded to aleem@irda.gov.in. First such statement should be sent for August, 2016 to reach us by ?1h September, 2016. Member (Life) Encl: (i) Gazette Notification (ii) KYC Template for individuals (iii) Central KYC Registry Operating Guidelines 2016 ~ Tio ~o l@o- 33004/99 REGD. NO. D. L.-33004/99 911:.(cl Chi ~I. ~he CGaLette of 3ndia '{l. 2509] No. 2509] mmmur EXTRAORDINARY 'iTTlT II-~ 3-~-~ (ii) PART II-Section 3---Sub-section (ii) ~~~ PUBLISHED BY AUTHORITY '--~ ~ ~ . iiJiH:qfitcm, ~ 26 , 2015;~ 5 , 1937 NEW DELHI, THURSDAY, NOVEMBER 26, 2015/AGRAHA Y ANA 5, 1937 ai!Tl~-'4'11 .,{~, 26~. 2015 'ti'T.dlT. 31B3(ar).- &'1 !?m uur (~ 'tiT ~) f.l 411 1c1Jl, 2005 (~ -cr!?'<ITTI_ ~ ~ '3<Rf f.l4111c1Jl 'if;-~ if~~ ~) 'if;- f.'t,n, 2 'if;- '311-f.'t,n, (1) 'if;- Ws (cfi cfi) ~ f.'t,n, 9 cfi 'if;- ~4" ~ &'1 !ITT&'f utlr ~ . 2002 (2003 'tiT 15) # mu 73 # '311-mu (2) t ~ (;;r) ~~!I~ cfiT ffilT cfi-dt g(;, ~ ~ Q,11~!il<I ~ ~ cfiT m~fclif>(OI ~ ~ ~ ~ ~ cfiT ~ ~ . 2002 (2002 cfiT 54) # mu 20 # '311-ITTU (1) 'if;- 3fcflfu ~ ~ ~ 3filfG Slfa~faif>(OI ~ ~ ~ ~ ~ (tftt~) if>1' '3<Rf f.l4111c1J1 ~ 3fcflfu &'1 !?m -am~ . 2002 # ITTU 2 # '311-ITTU (1) t Ws ('51" cfi) if <f~ ~"~"'if;-~~ if>l' ~ fuli!(,1 ~ if '\fffi m . ~ m . ~m a~Tf: '\fffimcfiTmmt~-~~tf>c11{«1 ~~tfi ~ if ffl m 'if;-~~ croft- ~I 2. ~ ~mcfilit~if~'Sl"if>T!?R#~tm~~I 4924 Gl/2015 ( I) [tfil. B'. 07/03/2012-.ftarr. II] 'if. !?T!?TT'if> tfCffliTT, ~ ti (1 I ~if> I ( 2 THE GAZETTE OF INDIA: EXTRAORDINARY MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 26th November, 2015 [PART II- SEC. 3(ii)] S.O. 3183(E).- In exercise of the powers conferred by clause (j) of Sub-section (2) of Section 73 of the Prevention of Money-Laundering Act, 2002 (15 of 2003), read with clause (aa) of sub-rule (1) of rule 2 and rule 9A of the Prevention of Money-Laundering (Maintenance of Records) Rules, 2005 (hereafter referred to as the said rules), the Central Government hereby authorises the Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI), set up under sub-section (I) of Section 20 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002), to act as, and to perform the functions of, the Central KYC Records Registry under the said rules, including receiving, storing, safeguarding and retrieving the KYC records in digital form of a "client", as defined in clause (ha) of sub-section ( 1) of Section 2 of the Prevention of Money-Laundering Act, 2002. 2. This notification shall come into force on the date of its publication in the Official Gazette. [F. No.07/03/2012-BO.II] DR. SHASHANK SAKSENA, Economic Adviser Printed by the Manager. Government of India Press, Ring Road, Mayapuri, New Delhi- I I 0064 and Published by the Controller of Publications, Delhi- I I 0054. CENTRAL KYC REGISTRY I Know Your Customer (KYC) Appllcatlon Form I Individual Important Instructions: A) Fields marl<ed with ·•· are mandatory fields. B) Please fill the form in English and in BLOCK letters. C) Please fill the date in DD-MM-YYYY format. D) Please read section wise detailed guidelines / instructions at the end For office use only Application Type• (To be t,//ed by financial institution) KYC Number Account Type• E) List of State/ U.T code as per Indian Motor Vehide Act, 1988 is available at the end. F) List of two character ISO 3166 country codes is available at the end. G) KYC number of applicant is mandatory for update application. H) For particular section update, please tick(✓) in the box available before the section number and strike off the sections not required to be updated. □New (Mandatory for KYC update request) D Normal D Simplified (for low risk customers) O Small 0 1. PERSONAL DETAILS (Please refer instruction A at the end) 0 Name* (Same as ID proof) Maiden Name (It any·) Father/ Spouse Name• Mother Name* Date of Birth* Gender* Marital Status• Citizenship" Residential Status• Occupation Type* Prefix ::J M- Male D Married [J IN- Indian D Resident Individual '] Foreign National First Name u S-Service ( D Private Sector u O-Others ( D Professional D B-Business D X- Not Categorised Middle Name T L D F- Female D T-Transgender D Unmarried D Others □Others (ISO 3166 Country Code ' 0 Non Resident Indian D Person of Indian Origin D Public Sector 0 Self Employed □Government Sector ) D Retired D Housewife Last Name □Student) D 2. TICK IF APPLICABLE O RESIDENCE FOR~TAX PURPOSES IN JURIS-DICTION(S) OUTSIDE INDIA (Please refer instruction Bat the end) , :·;; ; · )~1' ;:;c +·, , _,;, :,, ADDITIONAL DETAILS REQUIRED* (Mandatory only if section 2 is ticked) ISO 3166 Country Code of Jurisdiction of Residence• Tax Identification Number or equivalent (If issued by jurisdiction)' Place I City of Birth* ISO 3166 Country Code of Birth* 0 3. PROOF OF IDENTITY (Pol)* (Please refer instruction C at the end) (Certified copy of fil1XQJ1st of the following Proof of ldentity[Pol] needs to be submitted) 0 A- Passport Number L B- Voter ID Card 7 C- PAN Card i::J D- Driving Licence u E- UID (Aadhaar) L.J F- NREGA Job Card 0 Z- Others (any document notified by the central government) D S- Simplified Measures Account - Document Type code 4. PROOF OF ADDRESS (PoA)* Passport Expiry Date Driving Licence Expiry Date Identification Number Identification Number 0 4.1 CURRENT/ PERMANENT/ OVERSEAS ADDRESS DETAILS (Please see instruction O at the end) (Certified copy of~ of the following Proof of Address {PoAJ needs to be submitted) Address Type* Proof of Address• Address Line 1 * Line 2 Line 3 0 Residential / Business '.J Passport 0 Voter Identity Card 0 Simplified Measures Account D Residential D Driving Licence 0 NREGA Job Card - Document Type code 0 Business 0 UID (Aadhaar) D Others D Registered Office City I Town I Village* r ' T D Unspecified - I District· Pin / Post Code* State I U.T Code* ISO 3166 Country Code* 0 4.2 CORRESPONDENCE / LOCAL ADDRESS DETAILS • (Please see Instruction E at the end) D Same as Current / Permanent / Overseas Address details (In case of multiple correspondence / local addresses, please fill 'Annexure A 1') City I Town I Village• Line 1• Line 2 Line 3 District* Pin / Post Code* State I U.T Code* ISO 3166 Country Code* 0 4.3 ADDRESS IN THE JURISDICTION DETAILS WHERE APPLICANT IS RESIDENT OUTSIDE INDIA FOR TAX PURPOSES· (Applicable if section 2 is ticked) D Same as Current / Permanent/ Overseas Address details D Same as Correspondence/ local Address details I City / Town I Village• Line 1 • Line 2 Line 3 State• ZIP / Post C ode * ISO 3166 Country Code* 0 5. CONTACT DETAILS (All communications will be sent on provided Mobile no. / Emai1l16) (Please refer instruction Fat the end) Tel (Off) FAX ! L I Tel. (Res) Email ID Mobile D 6. DETAILS OF RELATED PERSON (In case of additional related persons, please fill 'Annexure B 1') (please refer instruction G at the end) D Addition of Related Person D Deletion of Related Person KYC Number of Related Person (if available·} Related Person Type* D Guardian of Minor D Assignee □Authorized Representative Prefix First Name Middle Name Name• (If KYC number and name are provided, below details of section 6 are optional) PROOF OF IDENTITY [Pol] OF RELATED PERSON' (Please see instruction (H) at the end) D A- Passport Number 0 B- Voter ID Card 0 C - PAN Card D 0- Driving Licence □ E- UID (Aadhaar) 0 F- NREGA Job Card D Z- Others (any document notified by the central government) D S- Simplified Measures Account - Document Type code 0 7. REMARKS (lfany) 8. APPLICANT DECLARATION Passport Expiry Date Driving Licence Expiry Date Identification Number Ide ntification Number • I hereby declare that the details furnished above are true and correct to the best or my knowledge and belief and I undenake to inform you of any changes therein, immediately. In case any of the above information is found to be false or untrue or misleading or misrepresenting, I am aware that I may be held liable foril • I hereby consent to receiving informallon from Central KYC Registry through SMS/Email on the above registered number/emal address Last Name Date : Place : Signature / Thumb Impression of Applicant 9. ATTESTATION/ FOR OFFICE USE ONLY Documents Received D Certified Copies Date Emp. Name Emp. Code Emp. Designation Emp. Branch KYC VERIFICATION CARRIED OUT BY Name Code INSTITUTION DETAILS