FESE Requests Clarification on LEI Application

In feedback to the Financial Stability Board, FESE points out inconsistencies regarding the application of LEIs and asks regulators for clarity.

LEI application inconsistencies

As Legal Entity Identifier use becomes more widespread, nagging application inconsistencies remain.

In feedback to the Financial Stability Board (FSB), the Federation of European Securities Exchanges (FESE) has highlighted problems—specifically, inconsistencies in how LEIs are applied to some entities.

“We’ve asked the regulators for more clarity as there does not appear to be a consistent approach to the application of LEIs to certain entities such as investment funds,” says Rainer Riess

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