India rethinking KYC rules

Jan 24, 2013

Finance Minister P. Chidambaram tells AsianInvestor that streamlining technical barriers for foreign portfolio investors is a priority.

Indian finance minister P. Chidambaram says the government is working towards further simplifying the know-your-client (KYC) documentation process when approving foreign investors, with the aim of getting different regulators to agree on one set of requirements.

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