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FPIs, KYC, Foreign Portfolio Investors, SEBI, Finance

KYC Norms Revised for Foreign Portfolio Investors: SEBI

Two circulars pertaining to KYC (Know Your Client) requirements and eligibility conditions for FPIs have been issued. These norms have been put in place weeks after a panel suggested various changes to the guidelines proposed earlier, amid concerns in certain quarters that overseas funds might face difficulties in ensuring compliance. 

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