
KRA (Know Client Registration Agency) Registration
KYC Registration Agency (KRA) provides for centralization of the KYC records in the securities market.It has become mandatory for an Investor to complete the KYC process as and when they interact with each type of SEBI Intermediaries by submitting the relevant documents.
The Intermediary shall perform the initial KYC and upload the details on the system of the KYC Registration Agency (KRA). This KYC information can be accessed by all the SEBI Registered Intermediaries while dealing with the same client. As a result, once the client has done KYC with a SEBI registered intermediary, he need not undergo the same process again with another intermediary.
Additionally, any further changes in investor’s personal information can be made by giving a single request to the KRA through one of the registered intermediaries.