February 13, 2026

KYC

1768137779 unnamed file.jpg

Crypto rules tightened: Live selfies, geo-tagging mandatory for users; FIU rolls out tougher KYC norms

contact@dailyupdatesindia.com03 mins

India’s Financial Intelligence Unit (FIU) has rolled out stringent new Anti-Money Laundering (AML) and Know Your Customer (KYC) norms for cryptocurrency exchanges, making live selfie verification and geographical tracking mandatory during user onboarding, according to guidelines issued on January 8, PTI reported. Under the updated framework, crypto exchanges are classified as Virtual Digital Asset (VDA)…

Read More
1767294284 unnamed file.jpg

Director compliance relief: Corporate affairs ministry eases KYC norms, shifts from annual filing to 3-year cycle

contact@dailyupdatesindia.com02 mins

The Corporate Affairs Ministry has relaxed compliance requirements for company directors by replacing the mandatory annual KYC filing with a simplified requirement once every three years under the Companies Act, 2013, PTI reported.The change follows a review of Rule 12A of the Companies (Appointment & Qualification of Directors) Rules, 2014, based on recommendations of the…

Read More
Sebi 2026 mutual fund regulations.jpg

KYC misuse: Sebi hauls up analyst

contact@dailyupdatesindia.com01 mins

MUMBAI: Sebi has cancelled the certificate of registration of a research analyst, Poorushkhan, after finding out that his KYC documents were used by someone else to obtain the regulator’s Research Analyst certificate. People running an unregistered investment advisory outfit named Options Research used documents of Poorushkhan, who ran a grocery shop and had nothing to…

Read More
1764957818 unnamed file.jpg

FPI rulebook revamp: Sebi proposes simplified registrations; clearer KYC rules, unified framework on cards

contact@dailyupdatesindia.com02 mins

Sebi on Friday proposed a comprehensive overhaul of the Foreign Portfolio Investor (FPI) framework, aiming to streamline registrations and introduce an abridged application option for related funds, even as the regulator seeks to ease compliance for global investors.In a consultation paper, the Securities and Exchange Board of India said the move is intended to enhance…

Read More
Kyc norms.jpg

First time mutual fund investors: Sebi proposes changes in KYC process, MF fee structure

contact@dailyupdatesindia.com03 mins

Asset management companies (AMCs) will have to upgrade their internal systems and workflows to keep investors informed at every stage of the KYC process. (AI image) The Securities and Exchange Board of India (SEBI) has proposed changes in the Know Your Client (KYC) verification process for new mutual fund investors. The market regulator wants to…

Read More
1760205731 unnamed file.jpg

Sebi eyes easier NRI market access: Chairman flags urgent KYC reforms; focus on digital FPI registration

contact@dailyupdatesindia.com03 mins

Easing investment procedures for non-resident Indians (NRIs) is an “urgent goal” for Sebi, Chairman Tuhin Kanta Pandey said on Saturday, highlighting plans to simplify compliance and expand participation in Indian capital markets. Speaking at an event organised by the Bombay Stock Exchange Brokers’ Forum, Pandey emphasised the need for NRIs to complete know-your-customer (KYC) formalities…

Read More