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Clearer KYC rules urged for India's FPI regime

Georgina Lee
Custodians will have more power in securing first-time foreign investment under the proposed Foreign Portfolio Investment regime in India, but are seeking a more defined role.
Clearer KYC rules urged for India's FPI regime

As India moves to simplify the documentation process for approving foreign investment into the country, local custodians are urging the country's securities regulator to provide greater detail on their roles.

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