Re-KYC: Sebi looks to ease geo-tag norms for NRIs

R Amin01 mins mins

<h2>Re</h2> <p>-KYC: Sebi looks to ease geo-tag norms for NRIs” decoding=”async” fetchpriority=”high”/></p></div> </div> </div> </section> </div></div> </div> <p>NEW DELHI: Sebi on Thursday proposed to ease the geo-tagging requirement for non-resident Indian clients during their re-KYC or KYC process through digital onboarding or video client identification (V-CIP).<!-- --> In a draft circular, the regulator has sought public comments on its proposal to relax the condition that requires NRI clients to be physically present in India during such KYC verification.<span class=The move follows multiple representations from stakeholders seeking to simplify compliance norms for overseas investors.

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