cvlkra.com Registration of Intermediary : CDSL Ventures Ltd

Organization : CDSL Ventures Ltd
Facility : Registration of Intermediary with CVL-KRA

Home Page :https://www.cvlkra.com/
Download here : https://www.statusin.in/uploads/5152-ApplicationForm-20032015.pdf

CVL-KRA Intermediary Registration

SEBI / FMC registered Intermediaries can register themselves with CVL-KRA. An email conveying the login ID, the POS code and the password to access the CVL-KRA system would be sent to the email id of the Compliance Officer.

Related : TIN-NSDL Register for e-Return Intermediary : www.statusin.in/5288.html

On receiving the login details, the intermediary can proceed as given below :
1. The user can access cvlkra.com and enter the login ID, the POS code and the password as conveyed in email for logging in to the CVL-KRA system.

2. On entering the login details the Intermediary would compulsorily be required to change the password. After successfully changing the password, the user would be required to re-login with the new credentials.

3. The user should click on UPDATE COMPANY INFO menu and update / verify the details available in the CVL-KRA system.

4. After completing/verifying the details in the UPDATE COMPANY INFO menu click on submit. After clicking on submit, the Intermediary would be able to view the information recorded in the CVL-KRA system. However, the intermediary would not be allowed to modify the details.

5. After clicking on submit, the login of the Administrator login would be sent to the ADMIN USER EMAIL ID mentioned on the UPDATE COMPANY INFO page. The Admin login id would allow the Intermediary to upload/record their clients KYC details in the KRA system using the login id, POS code and the password which has to be changed after the first login.

Submitted Documents

Intermediary and submitted to CDSL Ventures Limited (CVL) :
a. Copy of SEBI / FMC Registration Certificate
b. Copy of PAN Card of the Company
c. Name(s) of Designated / Whole Time Director(s) / Company Secretary along with their designation, Director Identification Number (DIN) / PAN and signature(s) on the letterhead of the Intermediary.
d. Copy of the latest Balance Sheet
e. Terms and Conditions (should be stamped and signed on all pages).

Procedure

While filling up the Intermediary Registration Form, the following points should be noted:
a. Intermediary registered with SEBI in more than one category e.g. Depository Participant of CDSL and / or NSDL and / or Stock Broker of BSE, NSE, etc. would have to select any one of the registrations with SEBI and mention the same in the Form. The group / subsidiary / holding company registered as a separate legal entity with SEBI would have to secure a separate registration with CVL-KRA.

b. The intermediary has to designate an official as the Administrator to CVL-KRA system and such Administrator may be the Compliance Officer or any other official as may be decided by the intermediary. All user management functions such as password reset would be available with the CVL-KRA Administrator only.

Functions of CDSL Ventures

CDSL Ventures Limited (CVL) is a wholly-owned subsidiary of Central Depository Services (India) Limited (CDSL). CVL was incorporated in 2010 and is headquartered in Mumbai.

CVL provides a wide range of services, including:
** KYC Registration Agency (KRA): CVL is a KRA registered with the Securities and Exchange Board of India (SEBI). This means that CVL can collect and store KYC (Know Your Customer) data on behalf of intermediaries, such as brokers and mutual fund houses.
** eKYC: CVL offers eKYC services, which allow intermediaries to collect KYC data electronically. This can be done through a variety of channels, such as Aadhaar-based eKYC and video-based eKYC.
** Aadhaar Based eSign: CVL offers Aadhaar-based eSign services, which allow individuals to sign documents electronically using their Aadhaar number. This can be useful for a variety of purposes, such as opening a demat account or applying for a loan.
** Academic Depository: CVL operates an academic depository, which stores academic records in electronic form. This can be useful for institutions, such as universities and colleges, to store and manage student records.