SEBI has relaxed KYC requirements for NRIs, OCIs and foreign nationals in FATF-compliant countries, allowing digital onboarding without being physically present in India. The revised framework, effective December 3, lets SEBI-registered intermediaries accept digital KYC submissions and introduces greater portability of KYC records across intermediaries.
SEBI eases KYC rules for NRIs, OCIs and foreign nationals
Source: Moneycontrol