MAS Financial Services Limited has disclosed receipt of regulatory approval from the Unique Identification Authority of India (UIDAI). The approval appoints the company as a Sub-Authentication User Agency (Sub-AUA) and Sub-eKYC User Agency (Sub-KUA) under Protean eGov Technologies Limited.
Nature of Approval
The approval authorizes the company to:
- Operate as a Sub-Authentication User Agency (Sub-AUA) for availing the Aadhaar Yes/No Authentication facility
- Operate as a Sub-eKYC User Agency (Sub-KUA) for availing the Aadhaar e-KYC Authentication facility
Validity Period
The license is valid for two years from the date of receiving access to the pre-production environment.
Impact Assessment
The disclosure states that there is no withdrawal, cancellation, or suspension of the license/approval. The filing specifically notes "Not Applicable" for monetary impact assessment, indicating that no financial impact has been quantified in this disclosure.