Latest KYC amendment related to Customer Due Diligence (CDD)
The Customer Due Diligence (CDD) measures in the case of non-individual customers, individual customers, and Sole Proprietary Firms have been amended in the latest Master Direction dated April 28, 2023, on KYC to include certain additional information/document requirements. (a) Companies: (i) The names of the relevant persons holding senior management positions; and (ii) The registered…