https://www.taxtmi.com/circulars?id=58304 Know Your Client requirements for foreign investors are clarified to permit acceptance of a Power of Attorney in favour of a Global or SEBI registered Local Custodian to sign and complete KYC, subject to custodial undertakings to produce beneficial ownership and identity information on request. Intermediaries must apply a risk based due diligence approach under the AML framework, perform in person verification for individual clients (including QFIs), verify custodian SEBI registration against originals or SEBI records, and may accept properly attested copies when originals are not produced. en-us Wed, 05 Sep 2012 00:00:00 +0530 Fri, 14 Dec 2018 16:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58304 Know Your Client requirements for foreign investors are clarified to permit acceptance of a Power of Attorney in favour of a Global or SEBI registered Local Custodian to sign and complete KYC, subject to custodial undertakings to produce beneficial ownership and identity information on request. Intermediaries must apply a risk based due diligence approach under the AML framework, perform in person verification for individual clients (including QFIs), verify custodian SEBI registration against originals or SEBI records, and may accept properly attested copies when originals are not produced. Circulars SEBI Wed, 05 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58304