Sebi chairman Tuhin Kanta Pandey on Saturday said easing the process to help the Indian diaspora invest in the Indian markets is an “urgent goal” for the capital markets regulator.

The watchdog is looking at simplifying ways in such a way that the non-resident Indians (NRI) do not have to travel to their home country for complying with the know your customer (KYC) requirements. “We are yet to establish an easy and secure KYC access for NRIs to facilitate their participation in the securities market. This will be an urgent goal for us,” Pandey said, speaking at an event organised by the Bombay Stock Exchange Brokers’ Forum here.

The career bureaucrat-turned-regulator said Sebi is in touch with the RBI and also the Unique Identification Authority of India to create a system where NRIs’ KYC

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