UK Authorities Adding LEI Capability For Filings
In November, funds may be identified to UK regulators using legal entity identifier
The UK Financial Conduct Authority (FCA), under the UK Prudential Regulation Authority's Capital Requirements Directive IV and its Gabriel reporting system, will begin allowing filing of legal entity identifiers (LEIs) along with previously used firm reference numbers (FRNs) to identify funds, starting in late November, according to a statement by the authority.
Filers must notify the FCA about the LEI for the reporting entity. Use of the LEI will be optional, and FRNs or LEIs must be consistent
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