Karachi December 31 2021: Considering the request received from Market Participants, timeline for registering existing customers in KYC Database has been further extended till March 31, 2022.
In view of above, all AIs are hereby advised to complete KYC process of their customers within above stipulated timeline, in case of failure to complete the process, the Company shall proceed to take necessary action in accordance with applicable CKO regulations.
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It is reiterated that the CKO has introduced multiple options for customer registration in the recent past that can be used conveniently to register the existing customers in the KYC Database, therefore, diligent efforts should be made to complete the process within the above prescribed timeline.
Earlier, NCCPL give timeline for registration of existing customers (registered prior to June 17, 2019) under CKO regime was extended till December 31, 2021.