Summary
A SEBI circular dated 4 November 2026 removes the need for individuals living in FATF-compliant countries to be physically present in India for digital KYC or re-KYC. Intermediaries may accept digitally submitted documents and an overseas address, with video verification backed by IP-location, liveness and audit checks. Non-individuals and FPI applicants are not covered.
What it means for you
NRI and OCI investors can open or refresh broking and demat accounts without travelling to India.
This summary is general information, not legal advice. The outcome of any case depends on its facts; read the source and take advice before acting.
More India updates
- GST order passed ignoring taxpayer's request for more time violates natural justice: Delhi HC2026 · Delhi High Court
- GST officers must strictly follow Section 69 before arresting anyone, says Telangana HC2026 · Telangana High Court
- GST notice generated in time but uploaded late due to portal glitch is time-barred2026 · Delhi High Court
- Section 74 GST demand fails if fraud allegations don't name suppliers and transactions2026 · Delhi High Court
- ₹38.47 crore disallowance u/s 40(a)(ia) deleted — Form 26A delayed by portal glitches2026 · ITAT Bangalore