RBI has mandated the Legal Entity Identifier (LEI) code as a key measure to improve the quality and accuracy of financial data systems for better risk management. The code is mandatory to ____
Reserve Bank of India has made Legal Entity Identifier (LEI) code mandatory for all market participants, other than individuals. ü 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. ü Legal Entity Identifier India Ltd (LEIL) (only LOU of India), subsidiary of The Clearing Corporation of India Ltd, will assign LEIs to any legal identity including but not limited to all intermediary institutions, banks, mutual funds, partnership companies, trusts, holdings, special purpose vehicles, asset management companies and all other institutions being parties to financial transactions. ü LEI will be assigned on application from the legal entity and after due validation of data. For the organization, ü LEI will · Serve as a proof of identity for a financial entity · Help to abide by regulatory requirements · Facilitate transaction reporting to Trade Repositories Source: Legal Entity Identifier India ltd . ü LEI is a 20 character global reference number conceived by G20 that uniquely identifies every legal entity or structure that is party to a financial transaction, in any jurisdiction. ü Internationally LEI is implemented and maintained by Global Legal Entity Identifier Foundation.
Under the "Indira Gandhi Pyari Behna Sukh Samman Nidhi Yojana," what monthly aid will be provided to women above 18 years of age in Himachal Pradesh?
Which among the following nations won the 2016 Kabaddi World Cup - Men's Category?
What is the allocated budget for Minimum Support Price (MSP) for wheat and paddy farmers in the fiscal year 2022-23, as stated in the Union Budget 2022-...
On which of the following days, the National Panchayati Raj Day is celebrated?
Match the following –
Mukundara Hills of Rajasthan are part of -
Until which year has SBI Life partnered with the Board of Control for Cricket in India (BCCI) as an official partner for the BCCI Domestic and Internati...
Consider the following statements about Hindustani music compositions.
1. Dhrupad is a serious and sober composition which demands effort from ...
Who sets a Guinness World Record for almost 59 side lunges in just 60 seconds?
Which government has become the world's first government to turn 100% paperless?