KYC Registration Agency (IFSC KRA)

In terms IFSCA KRA Regulations, IFSC Regulated Entities wishing to avail the services of CVL KRA (IFSC Branch) may express their interest by writing to [email protected] or by completing the online registration.

Upon submission and verification of all required documentation, system access will be enabled within 3 days (or such period as may be determined by CVL KRA – IFSC Branch) from the date of registration. Once access is enabled, the Regulated Entity will receive a POS code and user credentials, which can be used to perform KYC creation and KYC retrieval activities on the CVL KRA system.

1. IFSC Regulated Entity should fill-up the mandated KYC form when he has agreed to join/establish a business relationship with an them.
2. Self-certified copy/equivalent electronic document of Proof of Identity (POI) and Proof of Address (POA) (along with other documents as specified under IFSCA (AML, CFT and KYC) Guidelines, 2022 – updated from time to time respect of individual and non- individual entities) need to be submitted along with the Form.
3. In case the details are not complete/or are different from the details submitted by the client the IFSC Regulated Entity would update the same in the KRA system and submit self-certified copy/equivalent electronic document of supporting KYC documents where applicable.
4. On ensuring completeness of the documents, the IFSC Regulated Entity shall record the details from the KYC form and upload documents in the KRA system.

Investors seeking general information related to Know Your Client (KYC) compliance may reach out using the details below:
1. Email: [email protected]
2. Contact Number: +91-8062776201
3. Helpdesk Hours: Monday to Saturday, 10:00 AM to 6:00 PM

Investors with grievances related to Know Your Client (KYC) compliance may reach out through the following channels:
4. Email: [email protected]

Compliance Officer:
5. Name: Mr. Sudeep Shukla
6. Email: [email protected]

Address:
CVL KRA (IFSC Branch)
Unit No. 417, Pragya Tower, 4th Floor, Building 15A, Block No. 15,
Zone 1, GIFT SEZ, Gift City, Gujarat, India – 382355

“Officially Valid Documents” (OVDs) as defined under the IFSCA (AML/CFT/KYC) Guidelines, 2022, as amended, include:

• PROOF OF IDENTITY (POI) AND PROOF OF ADDRESS (POA)
  
  
  • Passport;
  • Driving Licence;
  • Proof of possession of Aadhaar number;
  • Voter’s Identity Card issued by the Election Commission of India;
  • Letter issued by the National Population Register containing name and address; or
  • Any other document notified by the Central Government in consultation with the Regulator.

  In the context of an IFSC, national identity cards and voter identification cards issued by foreign governments or authorized agencies containing photograph, name, date of birth, and address of foreign nationals are also treated as OVDs.

• DEEMED OVDS FOR PROOF OF IDENTITY
  
  
  
  • Identity cards with photograph issued by Central/State Government Departments, statutory or regulatory authorities, public sector undertakings, scheduled commercial banks, or public financial institutions;
  • Letters issued by a Gazetted Officer duly attesting the applicant’s photograph.


• DEEMED OVDS FOR PROOF OF ADDRESS
  

  Where simplified due diligence measures are applied and the customer is unable to produce standard proof of address, the following documents may be accepted in accordance with the IFSCA AML- CFT Guidelines:

  • Utility bills not older than two months;
  • Municipal or property tax receipts;
  • Bank or post office account statements, including foreign bank statements;
  • Pension or family pension payment orders containing address details;
  • Employer-issued accommodation allotment letters or valid leave and license agreements.

  For foreign nationals, government issued documents from foreign jurisdictions or letters issued by foreign embassies or missions in India may be accepted where address details are absent in the OVD.

The list of documents or the equivalent e-documents thereof , which may be obtained for verification of the identity of Legal Person or Legal Arrangement, are as follows:

• IN CASE OF COMPANY
  
  
  
  • Certificate of incorporation;
  • Memorandum and Articles of association;
  • PAN or equivalent document prevalent in the home jurisdiction of the company
  • A resolution passed by the Board of Directors and power of attorney granted to its managers, officers or employees, as the case may be, to transact on its behalf;
  • Such OVDs as are required for verification of the identity of the beneficial owners, managers, officers or employees, or power of attorney holders, as the case may, who are authorised to transact on behalf of the company.
  • the names of the relevant persons holding senior management position; and
  • the registered office and the principal place of its business, if it is different.


• IN CASE OF PARTNERSHIP/LIMITED LIABILITY PARTNERSHIP
  
  
  
  • Registration certificate;
  • Partnership deed/limited liability partnership deed;
  • PAN or equivalent document prevalent in the home jurisdiction of the partnership firm;
  • Such OVDs as are required for verification of the identity of the beneficial owners, managers, officers or employees, or power of attorney holders, as the case may, who are authorised to transact on behalf of the partnership firm;
  • the names of all the partners and address of the registered office, and the principal place of its business, if it is different;
  • Such other documents as may be required by the Regulated Entities to collectively establish the existence of such partnership firm.


• IN CASE OF TRUST
  
  
  
  • Registration certificate;
  • Trust deed;
  • PAN or equivalent document prevalent in the home jurisdiction of the trust;
  • Such OVDs as are required for verification of the identity of the beneficial owners, managers, officers or employees, or power of attorney holders, as the case may, who are authorised to transact on behalf of the Trust.
  • the names of the beneficiaries, trustees, settlor, protector, if any and authors of the trust and the address of the registered office of the trust; and
  • list of trustees and documents as are required for individuals under sub-rule (4) of rule 9 of the Rules and Guidelines for those discharging role as trustee and authorised to transact on behalf of the trust.
• 
  IN CASE OF UNINCORPORATED ASSOCIATIONS/ BODIES
  
  
  
  • Resolution of the managing body of such association/body;
  • PAN or equivalent prevalent document in the home jurisdiction;
  • Power of attorney granted to transact on its behalf;
  • Such OVDs as are required for verification of the identity of the beneficial owners, managers, officers or employees, or power of attorney holders, as the case may, who are authorised to transaction on behalf of the Unincorporated Associations/ Bodies.
  • Such other documents as may be required by the Regulated Entities to collectively establish the existence of such association/body.