business centralised kyc system in works tuhin kanta pandey

Centralised Kyc System In Works: Tuhin Kanta Pandey

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New Delhi: Markets regulator Sebi is actively working with the Ministry of Finance and other financial regulators on setting up a centralised KYC (Know Your Customer) system, chairman Tuhin Kanta Pandey has said. The Central KYC is an online database that maintains KYC records of customers in a centralised manner, aiming to streamline compliance across financial institutions. When asked about the common KYC system, Pandey told PTI, Yes, I think we will move forward on that also. Were real