Yes, there are two exclusions from the regulations, and hence the requirement to obtain an LEI. Both relate to trading in deliverable FX forwards only:
FX Means of Payment Transaction: applies if you are a Non Financial Counterparty (NFC) as defined under EMIR trading only deliverable FX forwards entered into by you to facilitate payment for identifiable goods or services, and you are not trading on a trading venue. This exclusion is only relevant to corporates. Please see the details for providing the FX Means of Payment Exclusion representation here.
FX Securities Conversion Transaction: eligible if transaction is an exchange of one currency for another for the purpose of the sale or purchase of a transferable security. If you believe your transactions are eligible for this exclusion then please contact mifid2@natwestmarkets.com.