CFTC Moves Closer To Implementation Of Interim LEI

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The Commodity Futures Trading Commission (CFTC) has taken a step closer to implementing its interim legal entity identifier (LEI) in September by approving the definition of a swap.

The CFTC's confirmation of the definition paves the way for the implementation of its new clearing and trade reporting requirements for OTC swaps. These reporting requirements will include the use of the CFTC interim compliant identifier (CICI), which will perform a similar function as the global LEI that the Group o

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