Guideline No. FPR001
Purpose To clarify if an FIP can define the combination of identifiers it deems as “unique” for enabling identification of customers
Description Each FIP can define the combination of identifiers it deems fit for it to uniquely identify an account owner and enable discovery of accounts.  

This definition is then expected to be made available to all AAs, so that they may collect the necessary attributes on their interface while enabling discovery and linking.

Such information is made available through a central registry.
Stage Finalised
 
Guideline No. FPR002
Purpose To clarify if it is obligatory for a financial institution to be an FIP
Description Each financial institution is free to determine if it wishes to participate in the AA Network or not.  

If it does choose to join the network, a community-designed implicit obligation of “Reciprocity” applies to such an institution. Further details are provided under the “Reciprocity” topic.

Such an obligation makes it necessary for a financial institution to agree to be an FIP, if it wishes to join as an FIU.
Stage Finalised
 
Guideline No. FPR003
Purpose To clarify if it is obligatory for an FIP to enable sharing of all data-types applicable to it, as per technical specifications
Description An FIP is free to determine which FI Types it wishes to enable when via its FIP serviceHowever, a community-designed minimum viable FI types, for each type of FIP, is being discussed. This is necessary for ensuring citizens derive real benefit from this network.  

E.g. an FIP of type bank is expected to join the network with a minimum of “single-owned current and savings accounts”, including accounts owned by a sole-proprietor.
Stage Under Deliberation
 
Guideline No. FPR004
Purpose To clarify FIP types as per SEBI guidelines
Description As per SEBI guidelines:  

  • Depositories (NSDL, CDSL) are FIPs. Depository participants are not FIPs.
  • AMCs (through their RTAs) are FIPs. This implies AMCs are FIPs but the RTAs will provide the technical capabilities (that of an FIP gateway).

This needs to be confirmed through discussions with the AMCs.
Stage Under deliberation
 
Guideline No. FPR005
Purpose To clarify FIP types as per PFRDA guidelines
Description As per PFRDA guidelines (generic, not specific to the AA ecosystem):  

  • CRAs (Central record keeping agencies – Protean, KFin) are FIPs. The pension funds themselves are not.

This needs to be confirmed through discussions with the regulator and the CRAs.
Stage Under Deliberation
 
Guideline No. FPR006
Purpose To clarify FI types and account types for GSTN FIP
Description The proposal tabled is for the following:  

Account type: GSTIN
FI Types: GSTR 1, GSTR 3B

The confirmation of the same and the FI schemas pertaining to each of the FI types is awaited from GSTN.
Stage Under Deliberation
 

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