Quick Summary
Reserve Bank of India
RBI/2021-22/144
DOR.AML.REC.74/14.01.001/2021-22
December 30, 2021
The Chairpersons/ CEOs of all the Regulated Entities
Madam/Dear Sir,
Periodic Updation of KYC – Restrictions on Account Operations for Non-compliance
Please refer to our circular DOR.AML.REC 13/14.01.001/2021-22 dated May 5, 2021, on the captioned subject.
2. In view of the prevalent uncertainty due to new variant of Covid-19, the relaxation provided in the aforementioned circular is hereby extended till March 31, 2022.
Yours faithfully,
(Prakash Baliarsingh)
Chief General Manager
FAQ :
The deadline for periodic KYC updation has been extended to March 31, 2022.
The deadline has been extended due to the prevalent uncertainty caused by new variants of Covid-19.
If your KYC is not updated by March 31, 2022, your account operations may face restrictions.
Yes, a previous circular on the subject was issued on May 5, 2021.
CAclubindia
Guest
Notification No : RBI/2021-22/144 DOR.AML.REC.74/14.01.001/2021-22Published in Community & General
Source : https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12213&Mode=0