Start learning 50% faster. Sign in now
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.
The world’s largest coral reef is
According to Planning commission, Indian region is divided into how many agro climatic zones?
The Mission Amrit Sarovar was launched on the occasion of
What is the assistance given under PKVY and MOVCDNER for 3 years for farmers to use organic inputs?
What is the premium of horticultural crops under PMFBY?
For how many crops MSP is given by the GOI?
Who has authored the book “The Hero of Tiger Hill” ?
Total foodgrain production in the country is estimated at 149.92 million tonnes which is higher by………………… than t...
Which state recently launched a ‘Graded Response Action Plan’ (GRAP) to combat pollution?
India’s first vaccine to prevent Lumpy Disease was developed by which of the following Institute?