Thinking of investing in India from overseas? SEBI suggests digital KYC for NRIs and OCIs without needing to be physically present in the country.
SEBI’s Proposal to Simplify KYC for Non-Residents The Securities and Exchange Board of India (SEBI) has put forward a plan to simplify the Know Your Customer (KYC) process for individuals living outside India (PROI). This initiative could allow qualified Non-Resident Indians (NRIs), Overseas Citizens of India (OCIs), and foreign nationals to complete the digital onboarding […]
SEBI plans to ease KYC process for NRIs: Improved remote access and quicker onboarding coming soon.
Predictive Monitoring SEBI has launched a new initiative focused on data-driven monitoring, utilizing AI and analytics to pinpoint ‘pump-and-dump’ schemes and catch fraud before it escalates. Pandey mentioned that SEBI has upgraded its data warehouse, allowing for predictive monitoring, which signifies a shift away from traditional reactive methods. Simplifying FPI Registration To enhance access for […]
Crypto Trader increases MEXC reward to $2.5M following in-person KYC request.
Traders Rally Against MEXC Over Fund Freezing Cryptocurrency traders have launched a significant social media campaign, reportedly worth millions, targeting the MEXC digital asset exchange. Their grievance stemmed from claims that the exchange required a face-to-face meeting in order to facilitate the release of $3 million in frozen personal funds. In July 2025, MEXC allegedly […]