POSTED BY February 5, 2013 6:46 pm ONE COMMENTON
I have been informed by ICICI Direct & SBI capital securities customer services team that – UK customer’s will not be able to trade in Mutual Fund and IPO due to some regulatory guidelines.
Is there a new circular via RBI for UK NRI or this is something to do with individual trading platforms? I could’t find any update about this (I am aware that there are resitrictions for NRI’s based in US/Canada)
Can someone please share information on this?
Thanks in advance
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