MiFID - Markets in Financial Instruments Directive - India LEI
As of 3 January 2018, LEIs are mandatory for all companies who wish to continue trading in securities.

News – MiFID

What are the MiFID II and EMIR and why do they matter?

The MiFID is the Markets in Financial Instruments Directive and has been in force across the world since late 2007. The MiFID sets out: Conduct requirements for businesses and investment firms; Authorisation requirements for regulated markets; Regulatory reporting to avoid market abuse; Trade transparency obligations for shares; and Rules regarding the admission of financial instruments to trading. … Continued

History of the Legal Entity Identifier System

Prior to 2012, Legal Entity Identifiers (also known as LEI codes or numbers, or simply as LEIs) did not exist. Instead, each country used their own codes and systems to track financial transactions. The result of this is that it was nearly impossible to identify counterpart transactions within the global market. This meant that it … Continued