Legal Entity Identifier: Extension of deadline
On the feedback and requests received from market participants, and with a view to enable smoother implementation of the LEI system in non-derivative markets, the timelines for implementation (Phase I and Phase II) are extended as under:
| Phase | Net Worth of Entities | Current 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 |
These directions are issued under section 45W, read with section 45U, of the Reserve Bank of India Act, 1934.
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