India won't dilute KYC norms to attract foreign investors: Former SEBI Chief U K Sinha
Mumbai, Oct. 14 -- India will not compromise on essential regulatory standards, such as Know Your Customer (KYC) compliance, to match jurisdictions like Hong Kong or Singapore, former Securities and Exchange Board of India (SEBI) Chairman UK Sinha said on Wednesday.
Speaking to the media on the sidelines of the 4th CII Alternative Investment Fund Summit 2026 in Mumbai, Sinha addressed global market comparisons, foreign capital flows, and the structural maturation of India's Alternative Investment Fund (AIF) industry.
Addressing concerns about the ease of investing in India compared with other global financial hubs, Sinha emphasised that the country's regulatory standards are designed to safeguard market integrity.
"There are specific a...
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