Question
The Central KYC Records Registry (CKYCRR), which stores
KYC data for financial transactions across banks, mutual funds, stock exchanges, and other institutions, is managed by which of the following entities?Solution
SEBI has directed KYC Registration Agencies (KRAs) to update verified KYC information on the Central KYC Records Registry (CKYCRR). CKYCRR acts as a centralized repository for customers' KYC details across various financial intermediaries (banks, mutual funds, stock markets, NPS, etc.). The registry is maintained and managed by CERSAI, which is authorised by SEBI to hold and regulate the centralized KYC records.
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