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    <title>Foreign portfolio investor KYC reviews follow revised risk-based intervals, while registration continuance no longer requires change or no-change declarations.</title>
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    <description>Foreign portfolio investors&#039; KYC reviews fall due every eight years for Category I investors in non-high-risk jurisdictions and those registered under Regulation 5(a)(i) in high-risk jurisdictions; other Category I investors in high-risk jurisdictions are reviewed every two years. Category II regulated entities in non-high-risk jurisdictions are reviewed every eight years, while other Category II investors are reviewed every two years. Government-securities-only investors retain the review periodicity applicable to their bank accounts, while SWAGAT-FI investors remain subject to a ten-year review. Registration continuance no longer requires change notifications or no-change declarations. Investors must pay continuance fees to their designated depository participant at least 15 days before registration expires. The changes take effect on 1 December 2026.</description>
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    <pubDate>Mon, 02 Nov 2026 16:04:28 +0530</pubDate>
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      <link>https://www.taxtmi.com/highlights?id=105712</link>
      <description>Foreign portfolio investors&#039; KYC reviews fall due every eight years for Category I investors in non-high-risk jurisdictions and those registered under Regulation 5(a)(i) in high-risk jurisdictions; other Category I investors in high-risk jurisdictions are reviewed every two years. Category II regulated entities in non-high-risk jurisdictions are reviewed every eight years, while other Category II investors are reviewed every two years. Government-securities-only investors retain the review periodicity applicable to their bank accounts, while SWAGAT-FI investors remain subject to a ten-year review. Registration continuance no longer requires change notifications or no-change declarations. Investors must pay continuance fees to their designated depository participant at least 15 days before registration expires. The changes take effect on 1 December 2026.</description>
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