Hong Kong Regulators Propose LEI Mandate

Wei-Shen Wong
26 Apr 2018

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The mandate aims to improve transparency in Hong Kong’s OTC derivatives market. This would mean that all entities in a transaction report, which will be submitted to the Hong Kong Trade Repository (HKTR) will eventually be identified by their LEIs.

The HKMA and SFC have released a joint consultation paper focusing on mandating the use of LEIs, the expansion of the second phase of mandatory clearing, and the adoption of a trading determination process for introducing a platform trading

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