Swift's Janssens on CICI Changes: PART 1
On October 3, the CFTC Interim Compliant Identifier (CICI) utility that is operated by Swift and the Depository Trust and Clearing Corporation became one of the first three pre-local operating units (pre-LOUs) to be accepted into the interim legal entitiy identifier (LEI) system.
Here, Paul Janssens, Swfit's LEI program director, explains why 18,000 CICIs had to be removed from the system and how newly-added data fields will be populated.
Also see part 2 of the interview.
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