Who is responsible for ensuring compliance as per LRS, FATCA and FEMA rules for global investments via Stockal?
LRS and FEMA compliance is managed by the investor's Indian bank as funds are remitted directly from the investor's bank account to their US trading account.
FATCA compliance is managed by the broker (DriveWealth), as applicable.
Geojit's role is limited to that of a Referrer, and hence does not manage compliance requirements.
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