SEBI Chief: Simplifying KYC for NRIs a key priority

SEBI Chief Tuhin Kanta Pandey highlighted the urgent goal of establishing an easy and secureKYCaccess for Non-Resident Indians (NRIs) to facilitate their participation in the securities market.

- TBG NETWORK

Addressing the BFF Capital Market Confluence 2025 in Mumbai, he said that while SEBI has simplified KYC norms and allowed transactions and securities as soon as the process is completed, the system for NRIs still needs to be streamlined.»We have a long way to go in investor awareness. We have simplified KYCnorms and permitted transactions and securities as soon as this process is completed. However, we are yet to establish an easy and secureKYCaccess forNRIsto facilitate their participation in the security market this will bean urgent goal for us,” Pandey said.He emphasized that a resilient market is one with broad, deep, and informed participation.Referring to a recent nationwide survey, Pandey pointed out that while 63 per cent of households are aware of securities products, only 9.5 per cent actively participate. Participation in urban areas