DTCC, Swift Get Third Renewal of LEI Designation
US commodities regulation agency extends support for GMEI joint utility
The US Commodity Futures Trading Commission (CFTC) has extended its designation of the Depository Trust & Clearing Corporation (DTCC) and Swift as the providers of legal entity identifiers (LEIs) for entities under its jurisdiction, including swaps and swap counterparties, for another year.
The CFTC first designated DTCC and Swift, which jointly operate the Global Markets Entity Identifier (GMEI) utility, in July 2012 for two years, then extended that designation in 2014 and 2015 for one year each time.
GMEI topped the Tabb Group rankings of LEI providers in 2014.
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