Module: General Practice
Q56: Which of the following statements regarding the uploading of records to the Central KYC Records Registry (CKYCR) are correct?
Regulated Entities (REs) must capture and upload a customer's KYC records onto CKYCR within 10 days of the commencement of an account-based relationship.
REs were required to begin uploading KYC records pertaining to accounts of Legal Entities (LEs) opened on or after April 1, 2021.
The upload deadline for all accounts, both individual and Legal Entity, is 30 days.
REs were required to begin uploading KYC records pertaining to accounts of Legal Entities (LEs) opened on or after April 1, 2021.
The upload deadline for all accounts, both individual and Legal Entity, is 30 days.
✅ Correct Answer: A
Statements 1 and 2 are correct.
The upload deadline is 10 days, and LE uploads started in 2021.
Statement 3 is incorrect.
These operational deadlines are frequent questions in RBI KYC Guidelines MCQs.
The upload deadline is 10 days, and LE uploads started in 2021.
Statement 3 is incorrect.
These operational deadlines are frequent questions in RBI KYC Guidelines MCQs.