SEBI introduces LEI System

CS Lalit Rajput | Last updated: 08 May 2023

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The Securities and Exchange Board of India (SEBI) has introduced a Legal Entity Identifier (LEI) system for entities listing or planning to list non-convertible securities, securitised debt instruments, and security receipts. This unique 20-character global identifier aims to enhance transparency in financial transactions. Issuers with outstanding securities must report their LEI by September 1, 2023, while new issuers must provide it at the time of ISIN allotment.

Securities and Exchange Board of India (SEBI) vide notification no. SEBI/HO/DDHS/DDHS_Div1/P/CIR/2023/64 dated 03rd May, 2023, in exercise of powers conferred under Section 11(1) of theSecurities and Exchange Board of India Act, 1992 read with Regulation 55 (1) of the SEBI(Issue and Listing of Non-C

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About the Author

CS Lalit Rajput

Company Secretary

Company Secretary having 8+ years of post qualification experience in the Compliance Management Services industry by serving Corporates including Listed Companies, Corporate Secretarial Firms and LLP. Have a keen interest in the Corporate Governance and Compliance Management and the soaring craving to learn everyday. A ... Read more

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