Master Circular on 'Account Opening' - Version 1 - NSDL

c) In case a Client‟s KYC documents sent by the Participant to KRA arenot complete, the KRA shall inform the same to the Participant whoshall forward the required information / documents promptly to KRA.d) For existing Clients, the KYC data may be uploaded by the Participantprovided they are in conformity with details sought in the uniformKYC form prescribed vide SEBI circular no. MIRSD/SE/Cir-21/2011dated October 5, 2011. While uploading these Clients‟ data theParticipant shall ensure that there is no duplication of data in the KRAsystem.e) The Participant shall maintain electronic records of KYCs of Clientsand keeping physical records would not be necessary.f) The Participant shall promptly provide KYC related information toKRA, as and when required.g) The Participant shall have adequate internal controls to ensure thesecurity / authenticity of data uploaded by it.h) Upon receipt of information on change in KYC details and status ofthe clients by the Participant or when it comes to the knowledge of theParticipant, at any stage, the Participant shall be responsible foruploading the updated information on the system of KRA and forsending the physical documents to KRA, wherever necessary.1.8.2 Information to Client:The Participant should print the Client <strong>Master</strong> Report and give it to theClient alongwith a copy of the Agreement. Such information should beprovided only after the account is in “Active” status in the DPM System(NSDL/PI/98/583 dated November 18, 1998).42