Clients of Special Category (CSC)

Sat, 20 Jun 2026 00:00:00 +0000

Clients of Special Category (CSC) is a higher-risk client classification under India’s anti-money-laundering framework, defined in the SEBI Master Circular on AML/CFT obligations of securities market intermediaries dated 6 June 2024, that obliges a broker such as Zerodha to run enhanced due diligence on the client, the practical trigger being a mandatory income-proof and source-of-funds check at account opening or re-KYC . The classification flows from the Prevention of Money Laundering Act, 2002 and the Prevention of Money-Laundering (Maintenance of Records) Rules, 2005, which require every regulated intermediary to grade clients by money-laundering risk and apply heavier scrutiny to the riskier ones.

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Clients of Special Category (CSC)