{"id":109223,"date":"2022-08-10T10:40:25","date_gmt":"2022-08-10T05:10:25","guid":{"rendered":"https:\/\/legalwindow.in\/?p=109223"},"modified":"2022-09-12T16:20:20","modified_gmt":"2022-09-12T10:50:20","slug":"lei-for-non-individual-borrowers","status":"publish","type":"post","link":"https:\/\/www.legalwindow.in\/blog\/lei-for-non-individual-borrowers\/","title":{"rendered":"Mandatory Requirement to obtain LEI for Non-individual Borrowers"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-109225 size-full\" title=\"LEI for Non-individual Borrowers\" src=\"https:\/\/legalwindow.in\/wp-content\/uploads\/Mandatory-Requirement-to-obtain-LEI-for-Non-individual-Borrowers-1.png\" alt=\"LEI for Non-individual Borrowers\" width=\"1200\" height=\"630\" srcset=\"https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Mandatory-Requirement-to-obtain-LEI-for-Non-individual-Borrowers-1.png 1200w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Mandatory-Requirement-to-obtain-LEI-for-Non-individual-Borrowers-1-600x315.png 600w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Mandatory-Requirement-to-obtain-LEI-for-Non-individual-Borrowers-1-300x158.png 300w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Mandatory-Requirement-to-obtain-LEI-for-Non-individual-Borrowers-1-1024x538.png 1024w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Mandatory-Requirement-to-obtain-LEI-for-Non-individual-Borrowers-1-768x403.png 768w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">The launch of the Legal Entity Identifier (LEI) was intended to improve the quality and accuracy of financial data systems to better manage risk following the evolution of the Global Financial Crisis. This allows the party&#8217;s financial transactions throughout the world to be tracked. The <\/span><span style=\"font-weight: 400;\">Reserve Bank of India<\/span><span style=\"font-weight: 400;\"> ordered the acquisition of LEI certificates for non-individual borrowers in its notifications carrying reference numbers RBI\/2017-18\/82 DBR.No.BP.BC.92\/21.04.048\/2017-18 and RBI\/2022-23\/34 DOR.CRE.REC.28\/21.04.048\/2022-23. This article discusses the Legal Entity Identifier (LEI) for borrowers.<\/span><\/p>\n<table style=\"width: 100%;\">\n<tbody>\n<tr>\n<td style=\"border: 1px solid #555;\"><b>Table of Contents<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#Key\"><span style=\"font-weight: 400;\">Key Abstract<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#of\"><span style=\"font-weight: 400;\">Description of Legal Entity Identifier\u00a0(LEI)<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#to\"><span style=\"font-weight: 400;\">Authorization to create a Legal Entity Identifier (LEI)<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#a\"><span style=\"font-weight: 400;\">Who needs a Legal Entity Identifier (LEI)?<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#for\"><span style=\"font-weight: 400;\">Documents required for registration of LEI<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#RBI\"><span style=\"font-weight: 400;\">RBI guidelines for Legal Entity Identifier (LEI) for Borrowers<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#the\"><span style=\"font-weight: 400;\">Meaning of the word \u201cexposure\u201d in the Guideline<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#by\"><span style=\"font-weight: 400;\">Timeline to obtain LEI by Borrowers<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#Legal\"><span style=\"font-weight: 400;\">Mandatory obligations for Legal Entity Identifier<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"#Final\"><span style=\"font-weight: 400;\">Final words<\/span><\/a><\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2 id=\"Key\"><b>Key Abstract<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">To better manage risk following the evolution of the Global Financial Crisis by controlling big value transactions in Centralized Payments systems and improving the quality and accuracy of financial data systems.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Reserve Bank of India implemented the LEI in stages for over-the-counter (OTC) derivatives, non-derivatives markets, major corporate borrowers, and high-value transactions in centralized payment systems.<\/span><\/p>\n<h2 id=\"of\"><b>Description of Legal Entity Identifier\u00a0(LEI)<\/b><\/h2>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/legalwindow.in\/legal-entity-identifier-number-lei\/\" target=\"_blank\" rel=\"noopener\">Legal Entity Identifier (LEI)<\/a> is a 20-digit unique generated number used to identify parties worldwide to ignore financial activities and obtain precise financial data, hence controlling risk.<br \/>\n<\/span><span style=\"font-weight: 400;\">The Legal Entity Identifier (LEI) is produced independently for each non-individual party and is not relevant in customer transactions where both the remitter and the beneficiary are persons.<br \/>\n<\/span><span style=\"font-weight: 400;\">The goal of developing the Legal Entity Identifier (LEI) is to create a worldwide reference data system that uniquely identifies every legal entity in any country that is involved in a financial transaction.<br \/>\n<\/span><span style=\"font-weight: 400;\">Borrowers must renew their Legal Entity Identifier (LEI) by the guidelines of the Global Legal Entity Identifier Foundation (GLEIF), and Banks and Financial Institutions are responsible for the renewal.<\/span><\/p>\n<h2 id=\"to\"><b>Authorization to create a Legal Entity Identifier (LEI)<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Legal Entity Identifier can be obtained through any of the Global Legal Entity Identifier Foundation&#8217;s approved Local Operating Units (LOUs).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Global Legal Entity Identifier Foundation (GLEIF) was formed to aid in the implementation of the Legal Entity Identifier (LEI)<\/span><\/p>\n<h2 id=\"a\"><b>Who needs a Legal Entity Identifier (LEI)?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The legal entity identifier (LEI) is compulsory in the making of interest rates, forex, and market outflows. The Reserve Bank of India (RBI) has also made LEI mandatory for companies and organizations with full fund-based and non-funded credit exposure over Rs <\/span><span style=\"font-weight: 400;\">\u200b\u200b<\/span><span style=\"font-weight: 400;\">50 crore.<\/span><\/p>\n<h2 id=\"for\"><b>Documents required for registration of LEI<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">To obtain an LEI number, several documents will be required.<br \/>\n<\/span><span style=\"font-weight: 400;\">The documents will be used to validate the official registration data for your legal entity. It should contain the name of your officially registered business, your current address, and the name of the key stakeholders (such as the CEO).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As part of your LEI application, the following documents will be required-<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Power of Attorney or legal letter<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Incorporation Certificate\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Certificate of Incumbency<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Registry Extract or official filling<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Article of Association<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Any other mandatory document that verifies the required LEI data, such as an annual report, Directors&#8217; register, your audited accounts, etc.<\/span><\/li>\n<\/ul>\n<h2 id=\"RBI\"><b>RBI guidelines for Legal Entity Identifier (LEI) for Borrowers<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The central bank stated in a notification Circular no. RBI\/2022-23\/34 DOR.CRE.REC.28\/21.04.048\/2022-23, Dated: 21.04.2022 that following a review, it has been determined that the rules on LEI would be extended to Primary (Urban) Co-operative Banks (UCBs) and Non-Banking Financial Companies (NBFCs).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Previously, the RBI decided in Circular no. RBI\/2017-18\/82 DBR No.BP.BC.92\/21.04.048\/2017-18, Dated: 02.11.2017, that banks should advise their existing large corporate borrowers with total exposures of Rs. 50 crore and above to obtain LEI codes within the timeframes specified in the schedule annexed to the Circular. Banks should also push major borrowers to get LEI for both their parent organization and their subsidiaries and affiliates.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The RBI has now decided to extend the Legal Entity Identifier (LEI) rules to Primary (Urban) Co-operative Banks (UCBs) and <\/span><a href=\"https:\/\/legalwindow.in\/nbfc-company\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Non-Banking Financial Companies (NBFCs)<\/span><\/a><span style=\"font-weight: 400;\">. Furthermore, the RBI has advised that non-individual borrowers with aggregate exposure of Rs. 5 crores or more from banks and financial institutions must get LEI codes within the timeframes mentioned in the Circular. All fund-based and non-fund-based (credit and investment) exposure of banks\/FIs to the borrower should be included in the word &#8220;exposure.&#8221; The higher the aggregate sanctioned limit or the outstanding balance must be used for this purpose.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Furthermore, the RBI has said that borrowers who do not secure LEI codes from an approved Local Operating Unit (LOU) would not be awarded any new exposure or renewal\/enhancement of any existing exposure. Departments\/Agencies of the Central and State Governments, however, are excluded from the clause if they are not Public Sector Undertakings registered under the <\/span><span style=\"font-weight: 400;\">Companies Act, 2013<\/span><span style=\"font-weight: 400;\">\u00a0or constituted as Corporations under the appropriate law.<\/span><\/p>\n<h2 id=\"the\"><b>Meaning of the word \u201cexposure\u201d in the Guideline<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The \u201cexposure\u201d for this purpose will include all fund exposure and non-funded (credit and investment) banking\/FI to the borrower. The limit with the combined penalty or balance remaining, whichever is higher, will be calculated for the purpose. Lenders may receive a full disclosure based on the information available to them, on the CRILC website, or a declaration received from the borrower.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Borrowers who fail to obtain LEI codes from an accredited Local Operations Unit (LOU) will not be authorized for any new exposure and will not be offered an update\/upgrade of any existing exposure.\u00a0<\/span><\/p>\n<h2 id=\"by\"><b>Timeline to obtain LEI by Borrowers<\/b><\/h2>\n<table style=\"width: 100%;\">\n<tbody>\n<tr>\n<td style=\"border: 1px solid #555;\"><b>Exposure\u00a0<\/b><\/td>\n<td style=\"border: 1px solid #555;\"><b>Timeline\u00a0<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Over Rs. 25 crore<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">30 April, 2023<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Above Rs. 10 crores and up to 25 crore<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">30 April, 2024<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">Rs. 5 crore- Rs 10 crore<\/span><\/td>\n<td style=\"border: 1px solid #555;\"><span style=\"font-weight: 400;\">30 April, 2025<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2 id=\"Legal\"><b>Mandatory obligations for Legal Entity Identifier<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The following are some examples of why a Legal Entity Identifier (LEI) will be required:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Transactions initiated by banks for internal payments, loan distribution to corporates, term deposits, maturity procedures, and account closure procedures, among other things.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Day-to-day operating transactions of 50 crores or more conducted by financial institutions such as sub-member banks\/banks\/BCs\/WLAs, etc.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Note: Departments\/Agencies of the Central and State Governments are exempt from the aforesaid requirements (but not Public Sector Undertakings registered under the Companies Act, 2013 or incorporated as Corporations under the appropriate law).<\/span><\/p>\n<h2><a href=\"https:\/\/legalwindow.in\/rbi-compliance\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-109227 size-full\" title=\"RBI Compliances for Foreign investments, NBFC &amp; Banks.\" src=\"https:\/\/legalwindow.in\/wp-content\/uploads\/Get-your-RBI-Compliances-starting-from-15000-.png\" alt=\"RBI Compliances for Foreign investments, NBFC &amp; Banks.\" width=\"1000\" height=\"200\" srcset=\"https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Get-your-RBI-Compliances-starting-from-15000-.png 1000w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Get-your-RBI-Compliances-starting-from-15000--600x120.png 600w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Get-your-RBI-Compliances-starting-from-15000--300x60.png 300w, https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Get-your-RBI-Compliances-starting-from-15000--768x154.png 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/a><\/h2>\n<h2 id=\"Final\"><b>Final words<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The Global LEI Index&#8217;s benefits to the broader <\/span><span style=\"font-weight: 400;\">business<\/span><span style=\"font-weight: 400;\"> community grow in direct proportion to the pace of LEI adoption. Firms are encouraged to join in the process and establish their LEI to gain the benefits of entity identification in financial markets and elsewhere. LEI is easy to get. Registrants just contact their preferred business partner from the list of LEI issuing <\/span><span style=\"font-weight: 400;\">companies<\/span><span style=\"font-weight: 400;\"> on the<a href=\"https:\/\/www.gleif.org\/en\" target=\"_blank\" rel=\"noopener\"> GLEIF website<\/a>.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Connect to <\/span><a href=\"https:\/\/legalwindow.in\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Legal Window<\/span><\/a><span style=\"font-weight: 400;\"> for more updates on Legal Entity Identifier (LEI) For Borrowers.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The launch of the Legal Entity Identifier (LEI) was intended to improve the quality and accuracy of financial data systems to better manage risk following the evolution of&hellip;<\/p>\n","protected":false},"author":9,"featured_media":109226,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-109223","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-miscellaneous"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>LEI for Non-individual Borrowers : Mandatory Requirement to obtain<\/title>\n<meta name=\"description\" content=\"Guide on Mandatory Requirement to obtain LEI for Non-individual Borrowers. Documents required, Description of LEI,\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legalwindow.in\/blog\/lei-for-non-individual-borrowers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LEI for Non-individual Borrowers : Mandatory Requirement to obtain\" \/>\n<meta property=\"og:description\" content=\"Guide on Mandatory Requirement to obtain LEI for Non-individual Borrowers. Documents required, Description of LEI,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.legalwindow.in\/blog\/lei-for-non-individual-borrowers\/\" \/>\n<meta property=\"og:site_name\" content=\"Legal Window\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/legalwindow.in\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-10T05:10:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-09-12T10:50:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Mandatory-Requirement-to-obtain-LEI-for-Non-individual-Borrowers-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Neelansh Gupta\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Neelansh Gupta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/lei-for-non-individual-borrowers\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/lei-for-non-individual-borrowers\\\/\"},\"author\":{\"name\":\"Neelansh Gupta\",\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/#\\\/schema\\\/person\\\/636f8f7ea87e1c93afc51497128728f6\"},\"headline\":\"Mandatory Requirement to obtain LEI for Non-individual Borrowers\",\"datePublished\":\"2022-08-10T05:10:25+00:00\",\"dateModified\":\"2022-09-12T10:50:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/lei-for-non-individual-borrowers\\\/\"},\"wordCount\":1134,\"publisher\":{\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/lei-for-non-individual-borrowers\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/wp-content\\\/uploads\\\/Mandatory-Requirement-to-obtain-LEI-for-Non-individual-Borrowers.png\",\"articleSection\":[\"Miscellaneous\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/lei-for-non-individual-borrowers\\\/\",\"url\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/lei-for-non-individual-borrowers\\\/\",\"name\":\"LEI for Non-individual Borrowers : Mandatory Requirement to obtain\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/lei-for-non-individual-borrowers\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/lei-for-non-individual-borrowers\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/wp-content\\\/uploads\\\/Mandatory-Requirement-to-obtain-LEI-for-Non-individual-Borrowers.png\",\"datePublished\":\"2022-08-10T05:10:25+00:00\",\"dateModified\":\"2022-09-12T10:50:20+00:00\",\"description\":\"Guide on Mandatory Requirement to obtain LEI for Non-individual Borrowers. Documents required, Description of LEI,\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/lei-for-non-individual-borrowers\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/lei-for-non-individual-borrowers\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/lei-for-non-individual-borrowers\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/wp-content\\\/uploads\\\/Mandatory-Requirement-to-obtain-LEI-for-Non-individual-Borrowers.png\",\"contentUrl\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/wp-content\\\/uploads\\\/Mandatory-Requirement-to-obtain-LEI-for-Non-individual-Borrowers.png\",\"width\":800,\"height\":800,\"caption\":\"LEI for Non-individual Borrowers\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/lei-for-non-individual-borrowers\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Mandatory Requirement to obtain LEI for Non-individual Borrowers\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/\",\"name\":\"Legal Window\",\"description\":\"Legal Solution Provider\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/#organization\",\"name\":\"LegalWindow\",\"url\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/legalwindow.in\\\/blog\\\/wp-content\\\/uploads\\\/LW-Logo-2.png\",\"contentUrl\":\"https:\\\/\\\/legalwindow.in\\\/blog\\\/wp-content\\\/uploads\\\/LW-Logo-2.png\",\"width\":1245,\"height\":357,\"caption\":\"LegalWindow\"},\"image\":{\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/legalwindow.in\\\/\",\"https:\\\/\\\/www.instagram.com\\\/legalwindow.in\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/legal-window\\\/\",\"https:\\\/\\\/in.pinterest.com\\\/legalwindow\\\/\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCFtHKxaXtK4WjOe9UytbX9A\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/#\\\/schema\\\/person\\\/636f8f7ea87e1c93afc51497128728f6\",\"name\":\"Neelansh Gupta\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/3c0e5b969817948e0506ec378d99631246975a3a5c194b62b51f6920575095b3?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/3c0e5b969817948e0506ec378d99631246975a3a5c194b62b51f6920575095b3?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/3c0e5b969817948e0506ec378d99631246975a3a5c194b62b51f6920575095b3?s=96&d=mm&r=g\",\"caption\":\"Neelansh Gupta\"},\"description\":\"Neelansh Gupta is a dedicated Lawyer and professional having flair for reading &amp; writing to keep himself updated with the latest economical developments. In a short span of 2 years as a professional he has worked on projects related to Drafting, IPR &amp; Corporate laws which have given him diversity in work and a chance to blend his subject knowledge with its real time implementation, thus enhancing his skills.\",\"url\":\"https:\\\/\\\/www.legalwindow.in\\\/blog\\\/author\\\/neelanshgupta\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"LEI for Non-individual Borrowers : Mandatory Requirement to obtain","description":"Guide on Mandatory Requirement to obtain LEI for Non-individual Borrowers. Documents required, Description of LEI,","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.legalwindow.in\/blog\/lei-for-non-individual-borrowers\/","og_locale":"en_US","og_type":"article","og_title":"LEI for Non-individual Borrowers : Mandatory Requirement to obtain","og_description":"Guide on Mandatory Requirement to obtain LEI for Non-individual Borrowers. Documents required, Description of LEI,","og_url":"https:\/\/www.legalwindow.in\/blog\/lei-for-non-individual-borrowers\/","og_site_name":"Legal Window","article_publisher":"https:\/\/www.facebook.com\/legalwindow.in\/","article_published_time":"2022-08-10T05:10:25+00:00","article_modified_time":"2022-09-12T10:50:20+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Mandatory-Requirement-to-obtain-LEI-for-Non-individual-Borrowers-1.png","type":"image\/png"}],"author":"Neelansh Gupta","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Neelansh Gupta","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.legalwindow.in\/blog\/lei-for-non-individual-borrowers\/#article","isPartOf":{"@id":"https:\/\/www.legalwindow.in\/blog\/lei-for-non-individual-borrowers\/"},"author":{"name":"Neelansh Gupta","@id":"https:\/\/www.legalwindow.in\/blog\/#\/schema\/person\/636f8f7ea87e1c93afc51497128728f6"},"headline":"Mandatory Requirement to obtain LEI for Non-individual Borrowers","datePublished":"2022-08-10T05:10:25+00:00","dateModified":"2022-09-12T10:50:20+00:00","mainEntityOfPage":{"@id":"https:\/\/www.legalwindow.in\/blog\/lei-for-non-individual-borrowers\/"},"wordCount":1134,"publisher":{"@id":"https:\/\/www.legalwindow.in\/blog\/#organization"},"image":{"@id":"https:\/\/www.legalwindow.in\/blog\/lei-for-non-individual-borrowers\/#primaryimage"},"thumbnailUrl":"https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Mandatory-Requirement-to-obtain-LEI-for-Non-individual-Borrowers.png","articleSection":["Miscellaneous"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.legalwindow.in\/blog\/lei-for-non-individual-borrowers\/","url":"https:\/\/www.legalwindow.in\/blog\/lei-for-non-individual-borrowers\/","name":"LEI for Non-individual Borrowers : Mandatory Requirement to obtain","isPartOf":{"@id":"https:\/\/www.legalwindow.in\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.legalwindow.in\/blog\/lei-for-non-individual-borrowers\/#primaryimage"},"image":{"@id":"https:\/\/www.legalwindow.in\/blog\/lei-for-non-individual-borrowers\/#primaryimage"},"thumbnailUrl":"https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Mandatory-Requirement-to-obtain-LEI-for-Non-individual-Borrowers.png","datePublished":"2022-08-10T05:10:25+00:00","dateModified":"2022-09-12T10:50:20+00:00","description":"Guide on Mandatory Requirement to obtain LEI for Non-individual Borrowers. Documents required, Description of LEI,","breadcrumb":{"@id":"https:\/\/www.legalwindow.in\/blog\/lei-for-non-individual-borrowers\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.legalwindow.in\/blog\/lei-for-non-individual-borrowers\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.legalwindow.in\/blog\/lei-for-non-individual-borrowers\/#primaryimage","url":"https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Mandatory-Requirement-to-obtain-LEI-for-Non-individual-Borrowers.png","contentUrl":"https:\/\/www.legalwindow.in\/blog\/wp-content\/uploads\/Mandatory-Requirement-to-obtain-LEI-for-Non-individual-Borrowers.png","width":800,"height":800,"caption":"LEI for Non-individual Borrowers"},{"@type":"BreadcrumbList","@id":"https:\/\/www.legalwindow.in\/blog\/lei-for-non-individual-borrowers\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.legalwindow.in\/blog\/"},{"@type":"ListItem","position":2,"name":"Mandatory Requirement to obtain LEI for Non-individual Borrowers"}]},{"@type":"WebSite","@id":"https:\/\/www.legalwindow.in\/blog\/#website","url":"https:\/\/www.legalwindow.in\/blog\/","name":"Legal Window","description":"Legal Solution Provider","publisher":{"@id":"https:\/\/www.legalwindow.in\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.legalwindow.in\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.legalwindow.in\/blog\/#organization","name":"LegalWindow","url":"https:\/\/www.legalwindow.in\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.legalwindow.in\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/legalwindow.in\/blog\/wp-content\/uploads\/LW-Logo-2.png","contentUrl":"https:\/\/legalwindow.in\/blog\/wp-content\/uploads\/LW-Logo-2.png","width":1245,"height":357,"caption":"LegalWindow"},"image":{"@id":"https:\/\/www.legalwindow.in\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/legalwindow.in\/","https:\/\/www.instagram.com\/legalwindow.in\/","https:\/\/www.linkedin.com\/company\/legal-window\/","https:\/\/in.pinterest.com\/legalwindow\/","https:\/\/www.youtube.com\/channel\/UCFtHKxaXtK4WjOe9UytbX9A"]},{"@type":"Person","@id":"https:\/\/www.legalwindow.in\/blog\/#\/schema\/person\/636f8f7ea87e1c93afc51497128728f6","name":"Neelansh Gupta","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/3c0e5b969817948e0506ec378d99631246975a3a5c194b62b51f6920575095b3?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/3c0e5b969817948e0506ec378d99631246975a3a5c194b62b51f6920575095b3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3c0e5b969817948e0506ec378d99631246975a3a5c194b62b51f6920575095b3?s=96&d=mm&r=g","caption":"Neelansh Gupta"},"description":"Neelansh Gupta is a dedicated Lawyer and professional having flair for reading &amp; writing to keep himself updated with the latest economical developments. In a short span of 2 years as a professional he has worked on projects related to Drafting, IPR &amp; Corporate laws which have given him diversity in work and a chance to blend his subject knowledge with its real time implementation, thus enhancing his skills.","url":"https:\/\/www.legalwindow.in\/blog\/author\/neelanshgupta\/"}]}},"_links":{"self":[{"href":"https:\/\/www.legalwindow.in\/blog\/wp-json\/wp\/v2\/posts\/109223","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.legalwindow.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.legalwindow.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.legalwindow.in\/blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.legalwindow.in\/blog\/wp-json\/wp\/v2\/comments?post=109223"}],"version-history":[{"count":7,"href":"https:\/\/www.legalwindow.in\/blog\/wp-json\/wp\/v2\/posts\/109223\/revisions"}],"predecessor-version":[{"id":109988,"href":"https:\/\/www.legalwindow.in\/blog\/wp-json\/wp\/v2\/posts\/109223\/revisions\/109988"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.legalwindow.in\/blog\/wp-json\/wp\/v2\/media\/109226"}],"wp:attachment":[{"href":"https:\/\/www.legalwindow.in\/blog\/wp-json\/wp\/v2\/media?parent=109223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.legalwindow.in\/blog\/wp-json\/wp\/v2\/categories?post=109223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.legalwindow.in\/blog\/wp-json\/wp\/v2\/tags?post=109223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}