Fema / RBI - A Legal Entity Identifier (LEI) is a crucial code consisting of 20 symbols that facilitates identification within the global financial system. LEIs have become mandatory for legal entities engaged in trading securities, as mandated by MiFID II and the Reserve Bank of India (RBI). In this guide, we present the checklist of mandatory docume...
Fema / RBI - The Legal Entity Identifier (LEI) is a global reference number that uniquely identifies every legal entity or structure that is party to a financial transaction, in any jurisdiction. Legal Entity Identifier India Limited will assign LEIs to any legal identity including but not limited to all intermediary institutions, banks, mutual funds,...
Fema / RBI - SEBI Circular Introduces Legal Entity Identifier (LEI) Requirement for Issuers of Non-Convertible Securities, Securitized Debt Instruments, and Security Receipts On May 3, 2023, the Securities and Exchange Board of India (SEBI) issued Circular No. SEBI/HO/DDHS/DDHS_Div1/P/CIR/2023/64, announcing the introduction of the Legal Entity Identi...
Fema / RBI - RBI Circular for NEFT/RTGS Transactions Q. This RBI Mandate states that LEI Number is required for all payment transactions of value INR 50 crore and above undertaken. Is this for one single transaction or cumulative amount for one financial year? Ans. The circular refers to any single transaction done through RTGS/NEFT of value 50 crores...
Circular No. SEBI/HO/AFD/AFD– PoD–2/CIR/P/2023/0127 - (27/07/2023) - SEBI issues circular mandating Legal Entity Identifier (LEI) for all non-individual Foreign Portfolio Investors (FPIs). Details and deadlines provided....
Circular No. SEBI/HO/AFD/AFD– PoD–2/CIR/P/2023/0127 - 27/07/2023