Legal entity identifiers (LEIs)
Nothing Less Than the Best
Francis Gross, vice chairman of the legal entity identifier Implementation Group, discusses strategies for avoiding standards duplication of the standard and tells Nicholas Hamilton they're determined the identifier will fulfill its potential
Bottling Other Industries’ Expertise
It is widely acknowledged that data management in the capital markets is less advanced than other industries, but what are the reasons for the difference? The retail, telecommunications and energy industries have some lessons to teach, Nicholas Hamilton…
Strategic Grease
Speakers at an Inside Reference Data webcast on October 17 related progress in gaining acceptance for implementation of the legal entity identifier, writes Michael Shashoua
Swaps Overhaul: Ready or Not, Here It comes
A major set of deadlines for the swaps industry passed on October 12. More will be coming soon. However, none seems to have given market participants the jolt they need to have the right platforms in place. By Jake Thomases
Is Grease The Word for Identifiers?
Reference data management operations still need some stimulation to move forward on LEI implementation
1 View Solutions Launches LEI Adoption Assistance Website
Firms can use 1 View Solutions' Ref-Data.com to compare their data with that of external sources, including CICI, the CFTC's interim identifier
Legal Entity Identifier webcast: Implementation Challenges
During an Inside Reference Data webinar on October 17, industry experts discussed the latest developments in implementation of the legal entity identifier (LEI).
Private Sector Group Weighs Thin Versus Fat LEI Structure in Basel
Regulators will consider whether the legal and governance structures of the legal entity identifier system should be “thin” or “fat,” following presentations on the topic by private sector representatives at a workshop held by the Financial Stability…
LEI Operating Arm Should Be Lean And Fast, Say Basel Delegates
Regulators will consider recommendations that the operating arm of the legal entity identifier system should be kept lean and fast to begin with, following a meeting of the Financial Stability Board's Private Sector Preparatory Group
Regulatory Reckoning
Basel III rules aren't being implemented quickly enough to meet January 2013 deadline, but what does that mean?
Benefitting From The Best Of Breed
Data managers are showing a determination to learn from innovations in other industries
You’re Free to Have LEIs, But Not Free of Charge
The costs inherent in implementing the legal entity identifier and new regulatory measures may in fact be an investment in preventing more elephants from entering the proverbial room
Omgeo Adds Legal Entity Data To Alert Database
The addition of 23 new legal entity data fields to the database of settlement and account instructions is intended to enable investment managers and broker/dealers to better understand and track underlying legal entities for each counterparty
FSB Sets September Deadlines For LEI Proposals
FSB asking legal experts for advice on most appropriate jurisdiction in which to establish the Central Operating Unit
The Quiet Side of Reform
While regulation grabs headlines, the work that goes on around accommodating new rules, just as important as the process of making laws, is often quietly discussed despite great efforts involved. Ongoing standardization aims to ease the birth of new…
Mind The Transparency Gap
Transparency concerns, inherent in both the legal entity identifier implementation process and scrutiny of pricing data sources, are gaining more attention.
S&P Readies Entity Identifier Cross-Reference
The Business Entity Cross Reference Service (BECRS) from S&P Capital IQ will tie together the legal entity identifier (LEI) in with numerous other recognized identifiers, all under a single identifier
Limitations and Horizons
Michael Shashoua speaks with Peter Warms, head of open symbology at Bloomberg, about the prospects of the legal entity identifier and its implementation in the next year
The Onboarding Conundrum
Client onboarding is often a cumbersome process, but market practitioners believe it could be streamlined if firms enable their customers to upload and maintain their own data. The catch, Nicholas Hamilton finds, is that strict controls could be needed…
Major Banks Complete Swap Trading Standard
The Fixed Income Connectivity Working Group (FICWG) has agreed on a set of standards for the way in which participants in swap trades will interact with execution venues, ahead of regulatory reform.
The Battle of Washington DC
US regulators come under repeated pressure from the industry and their fellow agencies.
Michael Shashoua: Global LEI Nuances
The work of regulators concerning the legal entity identifier standard is becoming more mismatched with the changed definition of what will be completed in March. This development makes possible a significant gap in progress on the LEI between the US and…
FSB Calls For Demonstrations Of Proposed LEI Solutions
The Financial Stability Board is inviting experts to demonstrate proposed approaches to all parts of the legal entity identifier system at a gathering in Basel, but says the meeting is not connected to the vendor selection process
Swift and DTCC Collaborate on Interim Identifier Launch
Firms launch CICIs following regulatory approval.