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<h1>SEBI eases NRI digital re-KYC, relaxes in-India presence, retains GPS checks u/s 11(1) SEBI Act</h1> The circular modifies the SEBI Master Circular on KYC to ease re-KYC for Non-Resident Indian clients of SEBI-registered intermediaries. For existing NRI clients, the requirement that the client's physical location be in India during digital due diligence is relaxed. However, the KYC application must still include random action prompts, time-stamping, geo-location tagging, GPS capture of latitude and longitude, and prevention of spoofed IP connections. The GPS data must correspond to the country specified in the client's proof of address. The circular is issued under Section 11(1) of the SEBI Act, 1992 and applies to all intermediaries and stock exchanges.