Know Your Distributor
Under SEBI’s advice AMFI has initiated some changes in the Distributor Registration
As a part of this change Know Your Distributor (KYD), similar to Know Your Client
(KYC) for investors has been introduced as a part of the Distributor Registration
process which involves obtaining relevant documents and validation of such documents,
personal verification and bio-metrics.
KYD is mandatory with effect from September 1, 2010.
Currently there are 60 locations (CAMS Point of Service) where distributors can
carry out KYD process as well as biometrics on an ongoing basis. To make it convenient
for the distributors located at the places other than the said 60 locations, CAMS
will now be facilitating KYD process and biometrics at different locations at specified
dates. Please click
here to view zone-wise locations and dates, where distributors can carry
out KYD process.
For detailed information on KYD process please visit AMFI Website or click on the links below-