The Securities and Exchange Board of India has designated the International Financial Services Centres Authority under its KYC Registration Agency Regulations, enabling entities regulated by the authority to access SEBI-registered KYC Registration Agency systems for client due diligence. The measure, which takes immediate effect, facilitates KYC information sharing and interoperability between the agencies and IFSCA-regulated entities. Entities accessing the systems must comply with the SEBI KYC Registration Agency Regulations and the securities market KYC guidelines. For clients registered as foreign portfolio investors, they must also follow the applicable data security guidelines.