Securities and Exchange Board of India (File Photo)
\n\nThe Securities and Exchange Board of India (SEBI) has introduced changes to Know Your Customer (KYC) requirements for foreign portfolio investors (FPIs), reducing the frequency of compliance checks for certain categories of overseas investors. Under the revised framework, eligible FPIs will now have to complete periodic KYC reviews once every eight years instead of undergoing checks at shorter intervals.
\n\nThe move will simplify compliance procedures, cutting down documentation requirements and improving the ease of doing business for foreign investors participating in Indian markets. The changes have been announced through a regulatory circular and will become effective from December 1, 2026.
\n\n“The provisions of this circular shall come into force with effect from December 01, 2026,” SEBI said.
\n\nUnder the earlier system, the frequency of KYC reviews varied between one and three years, depending on an investor's category, jurisdiction and regulatory status. The revised framework introduces longer intervals for several eligible investors.
\n\nCategory I FPIs registered in non-high-risk jurisdictions will now be required to undergo KYC reviews once every eight years. The same extended timeline will apply to Category I investors from high-risk jurisdictions registered under Regulation 5(a)(i).
\n\nHowever, other Category I FPIs…
Original source: https://www.timesnownews.com/business-economy
