https://www.taxtmi.com/circulars?id=67820 FVCIs must register and operate through DDPs: existing FVCIs must engage a DDP by March 31, 2025 or face staged liquidation; DDPs conduct eligibility, country, regulatory and beneficial ownership due diligence (referencing IOSCO, SEBI bilateral MoUs, BIS and FATF), process Form-A applications, grant SEBI-generated registration numbers, monitor compliance, report monthly to SEBI, and notify SEBI within seven days of sanctions-list or fit-and-proper failures. KYC, BO identification per PML Rules, record retention, data-security controls at KRAs, renewal, surrender, change-of-DDP and material-change procedures are specified. en-us Thu, 26 Sep 2024 00:00:00 +0530 Mon, 19 Jan 2026 10:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=67820 FVCIs must register and operate through DDPs: existing FVCIs must engage a DDP by March 31, 2025 or face staged liquidation; DDPs conduct eligibility, country, regulatory and beneficial ownership due diligence (referencing IOSCO, SEBI bilateral MoUs, BIS and FATF), process Form-A applications, grant SEBI-generated registration numbers, monitor compliance, report monthly to SEBI, and notify SEBI within seven days of sanctions-list or fit-and-proper failures. KYC, BO identification per PML Rules, record retention, data-security controls at KRAs, renewal, surrender, change-of-DDP and material-change procedures are specified. Circulars SEBI Thu, 26 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/circulars?id=67820