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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