Synopsis :- SEBI, vide its Circular dated 24th June, 2022 extended timelines from 01st July, 2022 to 01st August, 2022 for applicability of clause 9 and clause 13 of Circular dated 06th April, 2022 which availed a requirement to validate KYC records of all existing and new clients within 180 days.
SEBI, further added that extension has been provided after receiving requests from the KRAs. Therefore, KYC records of all existing and new clients shall be commenced from 01st August, 2022. Therefore, this Circular is applicable from 01st August, 2022. Link to the Circular: https://www.sebi.gov.in/legal/circulars/jun-2022/implementation-of-circular-on-guidelines-in-pursuance-of-amendment-to-sebi-kyc-know-your-client-registration-agency-kra-regulations-2011-_60099.html
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