Date
Asset Class/Market Participants
Subject
Document
02-06-2017
OTC derivatives markets
The Reserve Bank of India has mandated the implementation of the LEI system for all participants in the Over-the-Counter (OTC) markets for Rupee Interest Rate derivatives, foreign currency derivatives and credit derivatives
31-08-2017
GST Registration
GST Registration Certificate of Dreams Merchant
02-11-2017
Large corporate borrowers
The Reserve Bank of India has mandated the phase-wise implementation of the LEI system for all borrowers of banks in India. Entities without an LEI code are not to be granted renewal / enhancement of credit facilities
29-11-2019
Non derivative markets
The Reserve Bank of India has mandated the phase-wise implementation of the LEI system for Non-derivative markets include Government securities markets, money markets and non-derivative forex markets (cash, tom and spot transactions).
29-10-2019
Eligible Foreign Entities
Securities and Board of India has mandated LEI code for Eligible Foreign Entities (EFEs) in the commodity derivatives market
06-06-2020
Insurers/Corporate borrowers
The Insurance Regulatory and Development Authority of India (IRDAI) has mandated implementation of the LEI system for all insurers and their corporate borrowers.
05-01-2021
RTGS/NEFT Transactions
The Reserve Bank of India has mandated the LEI Number for all payment transactions of value ₹50 crore and above undertaken by entities (non-individuals) for Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT).
10-12-2021
Cross Border Transactions
The Reserve Bank of India has mandated the LEI Number for cross border transactions such as capital or current account transactions of ₹50 crore and above. The timeline to obtain LEI Number is October 1,2022.
21-03-2022
Legal Entity Identifier (LEI) for Borrowers
The Reserve Bank of India has mandated the phase-wise implementation of the LEI system for borrowers of banks and FIs in India greater than 5 crores. Entities without an LEI code are not to be granted renewal / enhancement of credit facilities.
03-05-2023
Non-convertible securities, securitised debt instruments and security receipts
Securities and Board of India has mandated LEI code for issuers transacting in listed non-convertible securities and issuers transacting in listed securitised debt instruments and security receipts. The timeline to obtain LEI Number is September 1, 2023.
28-07-2023
Foreign Portfolio Investors (FPIs)
Securities and Board of India has mandated reporting of LEI code for Foreign Portfolio Investors (FPIs) to depositories (DPs) in India. The timeline to report LEI Number to DPs is January 23, 2024.
