Legal entity identifiers (LEIs)
Major Banks Complete Swap Trading Standard
The Fixed Income Connectivity Working Group (FICWG) has agreed on a set of standards for the way in which participants in swap trades will interact with execution venues, ahead of regulatory reform.
The Battle of Washington DC
US regulators come under repeated pressure from the industry and their fellow agencies.
Michael Shashoua: Global LEI Nuances
The work of regulators concerning the legal entity identifier standard is becoming more mismatched with the changed definition of what will be completed in March. This development makes possible a significant gap in progress on the LEI between the US and…
FSB Calls For Demonstrations Of Proposed LEI Solutions
The Financial Stability Board is inviting experts to demonstrate proposed approaches to all parts of the legal entity identifier system at a gathering in Basel, but says the meeting is not connected to the vendor selection process
Swift and DTCC Collaborate on Interim Identifier Launch
Firms launch CICIs following regulatory approval.
FSB Seeks Legal Advice On Establishment of LEI Foundation
The Financial Stability Board has asked legal experts to submit recommendations on the most appropriate jurisdiction in which to set up the legal entity identifier foundation and the operational unit it will be responsible for
Mixed Messages About LEI
Has the Financial Stability Board allowed enough time with its March 2013 deadline for the legal entity identifier (LEI) to set up local authorities, much less actually assign all the LEIs, as was once expected?
Latest FpML Version Addresses CFTC Reporting Requirements
The latest version of the Financial products Markup Language standard includes new templates for the US Commodity Futures Trading Commission's requirements to report to swap data repositories and for real-time reporting purposes
Solving a Solvency II Dilemma
European regulator's announcement that an important code in its capital adequacy directive will not be harmonized through all countries could undermine the regulation itself
LEI, Other New Rules Create Entity-Centric Data Management
Thomson Reuters legal entity content executive Tim Lind advances the idea that an entity rather than securities focus will link data silos for better risk management
Swift, DTCC Prepare CICI Portal
Following on their CFTC designation, Swift and DTCC are making changes to their LEI registration portal to accommodate CICI identifiers
CFTC Moves Closer To Implementation Of Interim LEI
The Commodity Futures Trading Commission's decision on the definition of a swap paves the way for implementation in September of its interim legal entity identifier, but market participants are still waiting to learn who will provide the utility that…
Summertime Blues
The reference data operations industry braces itself for the next wave of regulation represented by Solvency II
The Wait Is Over
With key decisions about LEI standards now made and clearer definitions of Fatca and other regulations completed, Asian markets, especially Japan, can begin to respond. Michael Shashoua examines how the compliance challenges are stacking up
Ahead of the Compliance Curve
Michael Shashoua spoke with Royal Bank of Canada’s Patricia Huff about how Canada is preparing to comply with LEI and Fatca rules, and how her firm is keeping one step ahead in its efforts with technologies
Michael Shashoua: The Crawl of Progress
Global regulatory authorities have inched just a little bit closer to defining what the LEI will be and how it will be administered. The Financial Stability Board’s plans for a three-tiered administrative structure inspires more questions about how to…
Reflections on the Paris Financial Information Summit
Nicholas Hamilton and Faye Kilburn speak to delegates at the Paris Financial Information Summit on 12 June about regulation, data management strategies and vendor-practitioner collaboration
MDM, Analytics and Big Data, Oh My!
These current financial data operations industry buzz words all connect back to legal entity identifiers, and thus require attention, says Tony Brownlee of Kingland Systems
Sifma Tech Expo Takeaways
Legal entity identifier (LEI) standards discussions proved to be a highlight of this year's Sifma Tech Expo
DTCC Unveils LEI Utility At Sifma
The Depository Trust and Clearing Corporation's (DTCC) legal entity identifier (LEI) utility will allow first-party and third-party registration and enable users to conduct individual searches and download its entire LEI database
Sifma: Questions Remain About Implementation Of FSB's LEI Proposals
Sifma has expressed its support for the Financial Stability Board's legal entity identifier proposals, but says questions remain about how they will be implemented
Buy Side Needs LEI Education, Says HSBC's Johnson
"Extensive education programs" are needed to bring those on the buy side up to speed on the LEI, as sell-side firms are usually responsible for transactional reporting, Chris Johnson of HSBC Securities Services has told delegates at the Paris Financial…
Banks Should Mandate LEI Themselves, Paris Delegates Told
Thomson Reuters' Tim Lind has called on global banks to take the lead in the legal entity identifier project by making the code a requirement for all their clients