All participants, other than individuals (including non-resident entities), undertaking transactions in markets regulated by RBI viz,
- Government Securities markets or
- Money markets (markets for issue of any instrument with a maturity of one year or less) or
- Non-derivative forex markets (transactions that settle on or before the spot date) i.e. cash, tom and spot transactions.
are covered under RBI’s notification for LEI code applicability for non-derivative market participants