Saturday, April 27, 2019

RBI extends deadline for implementation of legal entity identifier in non-derivative markets

With a view to enable smoother implementation of ‘Legal Entity Identifier’ for participation in non-derivative markets. The deadlines for entities with net worth of over Rs. 1000 crores to implement the code in Dec 31, 2019 against April 30, 2019. The deadline for those with net worth between 200 crore and 1000 crores has been extended till Dec 31, 2019 against Aug 31, 2019. For entities having net worth value up to 200 crores, the deadlines has been extended to Mar 31, 2020.

from taxmann.com News http://bit.ly/2GCW43B

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