Mandating Legal Entity Identifier (LEI) for all non – individual Foreign Portfolio Investors (FPIs)

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ians 3. The Depositories Dear Sir / Madam, Subject: Mandating Legal Entity Identifier (LEI) for all non - individual Foreign Portfolio Investors (FPIs) 1. The Legal Entity Identifier (LEI) code is a unique global 20-character code to identify legally distinct entities that engage in financial transactions. LEI is conceived as a key measure to improve the quality and accuracy of financi....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....all be blocked for further purchases until LEI is provided to their DDPs. 4. All fresh registration, subsequent to issuance of this circular, shall be carried out upon receipt of the FPIs' respective LEI details. 5. FPIs are required to ensure that their LEI is active at all times. Accounts of FPIs whose LEI code has expired / lapsed shall be blocked for further purchases in the securities m....