SEBI Extends KYC Review Cycle to Eight Years for Eligible Foreign Investors
What Happened
India's market regulator, SEBI, announced revised Know Your Customer (KYC) requirements for foreign portfolio investors on October 30, 2026. Eligible investors will undergo reviews every eight years instead of three, while other categories will move from annual to two-year reviews. SEBI also removed a separate declaration requirement during registration continuation. The changes take effect on December 1, 2026.
Key Takeaways
The changes reduce repetitive compliance for eligible foreign investors without eliminating KYC checks. Review frequency will still depend on investor category, regulatory status and jurisdictional risk.