Sebi Cancels 8 Investment Advisers' Registrations Over Renewal Fee Non-Payment
Sebi has canceled the registrations of eight investment advisers due to non-payment of renewal fees. Additionally, Sebi announced relaxed KYC rules for Non-Resident Indians, Overseas Citizens of India, and foreign nationals from FATF-compliant countries. These changes allow digital onboarding without physical presence in India, including Video In-Person Verification, effective from December 3 to simplify compliance and onboarding.
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