RBI extends deadline for legal entity identification for non-derivative markets
- The Reserve Bank of India has extended the deadline for market participants for the implementation of Legal Entity Identifier (LEI) for participation in non-derivative markets.
- The timeline for the LEI system in non-derivative markets (for only phase 1 and phase 2) are extended as under:
| Phase | Net Worth of Entities | Old Deadline | Extended Deadline |
| Phase I | above Rs.10000 million | April 30, 2019 | December 31, 2019 |
| Phase II | between Rs.2000 million and Rs 10000 million | August 31, 2019 | December 31, 2019 |
| Phase III | up to Rs.2000 million | March 31, 2020 | March 31, 2020 |