Furthering the Global Legal Entity Identifier System
What still needs to be done to ensure continued increases in registrations?
It's hard to believe that August 21 marked the fourth anniversary of the start of the Depository Trust & Clearing Corporations' CFTC Interim Compliance Identifier (CICI) utility, the service that issued legal entity identifiers (LEIs) for derivatives reporting. A lot of progress has been made by the industry in those four years as more participants have obtained LEIs for regulatory reporting. At present, at least 450,000 LEIs have been issued by 29 endorsed Local Operating Units (LOUs)
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