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The GLEIF launches its global Website on the LEI!

The GLEIF has just launched its long awaited Website  (www.gleif.org).

We are very happy to see this first step in the worldwide publication of the Legal Entity Identifier.

EIOPA mandates European Insurers and ORPS to adopt LEI

EIOPA published in September 2014 its final Report following consultation 14037 on the proposal for guidelines in the use of the LEI by European Insurers and Pension Funds.

Main takeaway: Entities within the scope of the Solvency II Directive are required to have requested the LEI code by 30 June 2015 at the latest. All other entities including IORPs by 30 June 2016 at the latest.

Important and strategic! IOSCO launches consultation on cross-border regulation.

https://www.iosco.org/library/pubdocs/pdf/IOSCOPD466.pdf

Comments to be submitted by February 23rd,  2015

The key mandate of the Task Force in charge of this matter is:

To develop a cross-border regulatory toolkit (Toolkit), containing common terminology, of regulatory options for use by IOSCO members.

Before the G20 Summit: an incredibly useful executive Summary by Mark Carney. A must read!

Just before the Summit, Mr Carney makes a very short and very useful summary of the state of the art regarding the re-ordering of the World Finance. And as a bonus, you have a complete overview of the progress in all the important jurisdictions.

Brilliant, and a must read.

Here is the link: http://www.financialstabilityboard.

FSB Publishes Global Shadow Banking Monitoring Report 2014

FSB Publishes Global Shadow Banking Monitoring Report 2014.

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