Which entities require LEI code in India?
A need for a system that would regulate financial markets and offer more clarity became especially imminent after the Global Financial Crisis. To avoid a next collapse of major economies LEI codes were introduced to improve the quality of financial data and to decrease risks. LEI codes are regulated centrally by the international umbrella organization … Continued
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