Legal Entity Identifier requirement: AD banks must obtain LEIs for parties in each leg of cross border transactions. Where multi party transactions are executed in distinct remittance legs, each leg is treated as having two parties; consequently the AD bank must obtain LEIs for the parties relevant to each individual leg, in accordance with the applicable circular.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Legal Entity Identifier requirement: AD banks must obtain LEIs for parties in each leg of cross border transactions.
Where multi party transactions are executed in distinct remittance legs, each leg is treated as having two parties; consequently the AD bank must obtain LEIs for the parties relevant to each individual leg, in accordance with the applicable circular.
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