SEBI Permits ‘360 ONE Distribution Services Limited’ to Use UIDAI’s e-KYC Aadhaar Authentication as Sub-KUA in Markets
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- Last Updated on 7 May, 2024
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Circular No. SEBI/HO/MIRSD/SECFATF/P/CIR/2024/36, Dated 06.05.2024
Earlier, Finance Ministry vide notification dated 30.04.2024 has notified ‘360 ONE Distribution Services Limited’ to conduct Aadhaar authentication under section 11A of the Prevention of Money-laundering Act, 2002. Now, SEBI has allowed the entity to use e-KYC Aadhaar Authentication services and on-boarding process of Unique Identification Authority of India in Securities Market as sub-KYC User Agency (Sub-KUA).
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