Ch.6 · ARN and EUIN Rules · hard
What is the 'Know Your Distributor' (KYD) requirement introduced by AMFI?
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EXPLANATION
KYD (Know Your Distributor) is an AMFI compliance requirement where distributors must submit updated details — including bank account, contact information, and ARN certificate — to AMCs and AMFI. It ensures AMCs have verified distributor details for commission payments and regulatory compliance.
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