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of <h1>SEBI Extends KYC Compliance Deadlines for Foreign Portfolio Investors to December 31, 2018, Under SEBI Act, 1992.</h1> The Securities and Exchange Board of India (SEBI) has amended its circular on Know Your Client (KYC) requirements for Foreign Portfolio Investors (FPIs), initially issued on April 10, 2018. The deadlines for compliance with various KYC requirements, including providing beneficial owner lists, restructuring non-compliant FPI structures, and ensuring compliance with investment limits, have been extended to December 31, 2018. All other conditions from the original circular remain unchanged. This amendment is issued under the authority of the SEBI Act, 1992, and custodians are advised to inform their FPI clients accordingly.
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