India: Amended Reserve Bank of India "Know Your Customer" Master Direction
Progress
Current status
adopted
10 May 2021 adopted
Scope
Implementers
India
Policy Area
Other operating conditions
Policy Instrument
Local operations requirement
Regulated Economic Activity
other service provider
Government Branch
executive
Government Body
central bank
Implementation Level
national
Timeline of events
Amended Master Direction including technology infrastructure location restrictions and network domain rules
On 10 May 2021, the Reserve Bank of India released an amendment of its Master Direction on "Know Your Customer" (KYC). The amended direction should improve the possibility of using video-based customer identification procedures as part of KYC. At t…
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
central bank