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Major relief in KYC updation in your bank account: RBI empowers BCs to update KYC
The BC shall provide the customer an acknowledgment of receipt of such declaration /submission of documents. The bank shall ...
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RBI eases process for updation of KYC
The Reserve Bank of India (RBI) came up with a list of of amendments to its Know Your Customer (KYC) norms. The Reserve Bank has observed a large pendency in periodic updation of KYC including in the ...
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Changing of the (safe)guard: the FCA's proposals for payments and e-money firms
This article examines the FCA's proposed changes to the safeguarding regime for payments and e-money firms in CP24/20, which closed to responses on 17 December 2024.