Markets regulator sebi has amended the guidelines for eligible foreign investors looking to operate at the International Financial Services Centre, IFSC.According to the new guidelines, a trading member of a stock exchange in the IFSC can now carry out the due diligence for an eligible foreign investor, EFI, who is not registered with the regulator as a Foreign Portfolio Investor, FPI. The provision has been made for the account opening process of an EFI. Sebi said the guidelines have been amended after discussions with various market participants.