Introduction of Legal Entity Identifier for OTC derivatives markets

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..... he Legal Entity Identifier (LEI) code has been conceived of as a key measure to improve the quality and accuracy of financial data systems for better risk management post the Global Financial Crisis. The LEI is a 20-character unique identity code assigned to entities who are parties to a financial transaction. 2. It has been decided to implement the LEI system for all participants in the Over-t .....

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..... the Reserve Bank as issuer of LEI under the Payment and Settlement Systems Act, 2007 and is accredited by the GLEIF as the Local Operating Unit (LOU) in India for issuance and management of LEI. 4. The rules, procedure and documentation requirements may be ascertained from LEIL (https://www.ccilindia-lei.co.in/USR_FAQ_DOCS.aspx). 5. After obtaining LEI code, entities should ensure that they .....

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..... Corporates With Net Worth between ₹ 700 mn and ₹ 2000 mn December 1, 2017 Phase IV Corporates With Net Worth between ₹ 700 mn and below March 31, 2018 - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagement - ta .....

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