{"id":66046,"date":"2023-05-03T18:09:11","date_gmt":"2023-05-03T12:39:11","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?page_id=66046"},"modified":"2024-05-27T12:29:34","modified_gmt":"2024-05-27T06:59:34","slug":"rbi-issues-a-circular-in-regard-to-the-amendment-of-the-master-direction-on-kyc","status":"publish","type":"page","link":"https:\/\/enterslice.com\/learning\/newsletter\/rbi-issues-a-circular-in-regard-to-the-amendment-of-the-master-direction-on-kyc\/","title":{"rendered":"RBI Issues a Circular in Regard to the Amendment of the Master Direction on KYC"},"content":{"rendered":"<p>On 28th April 2023, the Reserve Bank of India (RBI) issued a circular in regard to the <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Amendment&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;An &amp;quot;amendment&amp;quot; refers to the formal change or correction of a legal document, often involving additions, variations, or deletions to address irregularities or clarify points in an agreement.(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/amendment\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>amendment<\/a> to the Master Direction (MD) on KYC.<\/p>\n\n\n\n<p>This circular was issued in reference to the Master Direction (MD) on KYC issued on 25th February 2016, which is amended from time to time, in terms of which Regulated Entities (REs) have to undertake Customer Due Diligence (CDD), as per the process laid out therein, for their customers<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On 28th April 2023, the Reserve Bank of India (RBI) issued a circular in regard to the <a class=\"glossaryLink\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Amendment&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;An &amp;quot;amendment&amp;quot; refers to the formal change or correction of a legal document, often involving additions, variations, or deletions to address irregularities or clarify points in an agreement.(...)&lt;\/div&gt;\" href=\"https:\/\/enterslice.com\/learning\/terms\/amendment\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>amendment<\/a> to the Master Direction (MD) on KYC. This circular was issued in reference to the Master Direction (MD) on KYC issued on 25th February 2016, which is amended from time to time, in terms of which Regulated [&hellip;]<\/p>\n","protected":false},"author":61,"featured_media":66049,"parent":62999,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"publication-download.php","meta":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>RBI Releases Circular Regarding Amendment to the Master Direction on KYC<\/title>\n<meta name=\"description\" content=\"On 28th April 2023, the Reserve Bank of India (RBI) issued a circular in regard to the amendment to the Master Direction (MD) on KYC.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/newsletter\/rbi-issues-a-circular-in-regard-to-the-amendment-of-the-master-direction-on-kyc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RBI Releases Circular Regarding Amendment to the Master Direction on KYC\" \/>\n<meta property=\"og:description\" content=\"On 28th April 2023, the Reserve Bank of India (RBI) issued a circular in regard to the amendment to the Master Direction (MD) on KYC.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/newsletter\/rbi-issues-a-circular-in-regard-to-the-amendment-of-the-master-direction-on-kyc\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-27T06:59:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2023\/05\/RBI-Issues-a-Circular-in-Regard-to-the-Amendment-of-the-Master-Direction-on-KYC-enterslice-blog-images-3-may.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"920\" \/>\n\t<meta property=\"og:image:height\" content=\"483\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/66046"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=66046"}],"version-history":[{"count":1,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/66046\/revisions"}],"predecessor-version":[{"id":86328,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/66046\/revisions\/86328"}],"up":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/62999"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/66049"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=66046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}