Regulatory timeline

The Ontario Securities Commission reminds market participants to obtain an LEI

OSC Reminds Derivatives Dealers and Counterparties to Obtain a Legal Entity Identifier

TORONTO – The Ontario Securities Commission reminds derivatives market participants about the requirement to obtain a Legal Entity Identifier (LEI) under OSC Rule 91-507Trade Repositories and Derivatives Data Reporting.

A must read: the FSB issues today a Report on Structural Banking Reform.

This is an extremely precious and interesting paper reflecting the situation of the structural Banking Reform in all the major jurisdictions and cross-jurisdictions.

Here is the link:

EIOPA issues guidelines on the use of the LEI (EIOPA brief)

(Quote)”The European Insurance and Occupational Pensions Authority (EIOPA) issued today its Guidelines on the use of the Legal Entity Identifier (LEI) in all the official languages of the EU. According to them, national competent authorities (NCAs) should ensure that all institutions under their supervisory remit obtain a LEI code.

LEI: mind your EBA recommendation! (Jan 29, 2014)

In short, the EBA “recommends” the use of the pre-LEI as the unique identification code for supervisory purposes for every credit and financial institution within the EU.

Of course, the direct addressees of this recommendation are the “competent authorities” (read the central Banks); however, the impact multiplies to all the entities within their regulatory remit.

Copyright ©2016 Hempton Technology. All Rights Reserved.