KYC Norms

NSC IFSC

In case of participation of an EFI, not registered with SEBI as an FPI, but desirous of operating in IFSC, a trading member of the recognized stock exchange in IFSC, may rely upon the due diligence carried out by a bank, which is permitted by RBI to operate in IFSC, during the account opening process of EFI

In case of EFIs that are not registered with SEBI as FPI and also not having bank account in IFSC, KYC as applicable to Category II FPI as per the new FPI categorization shall be made applicable. However, PAN shall not be applicable for KYC of EFIs in IFSC.

NSC IFSC
NSC IFSC

In case of participation of FPI in IFSC, due diligence carried out by SEBI registered Intermediary during the time of account opening & registration shall be considered.

Memberships: Indiainx 5011| NSEIX | IIBX TSM Membership Number 2012 | IIDL DP No. IFSCA/DP/2022-23/008

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Disclaimer

Investment in securities and commodities market are subject to market risks, read all the related documents carefully before investing. Investment in US Stocks is under LRS and subject to limits and TCS as prescribed by the RBI.

IFSCA / SEBI Registration Number INZ000097436
INDIA INX 5011
NSE IFSC Exchange 10021
IIBX – TM-CM Membership Number 2012
IIDL – Depository Participant Number IFSCA/DP/2022-23/008

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