The Bombay Stock Exchange (BSE) on April 27, 2022 has issued a notice regarding mandatory requirement of FATCA, CRS & UBO details for HUF clients under IDFC Mutual fund to all MFIs/MFDs/RIAs on behalf of IDFC AMC regarding FATCA, CRS & UBO details shall be mandatory for any fresh investments of HUF clients on BSE StAR MF with effect from 1st May, 2022.
In case of absence of above stated mandatory details, transaction shall be liable for rejection from RTA/AMC end. Members are hereby requested to update the FATCA, CRS & UBO details for their HUF clients on BSE StAR MF with immediate effect to avoid any rejections & refund payout to clients.
[Notice No. 20220427-6]
