Legal Entity Identifiers

/Legal Entity Identifiers

Interest in LEI is in US

Interest in LEI has plummeted

Three Wishes for GIINs

by Alan Samuels, VP Reference Data Solutions, Alacra Inc. for Inside Reference Data

GIIN identifiers being issued as part of compliance with US Fatca tax reporting law do not contain enough information, writes Alacra’s Alan Samuels, who offers suggestions on what ought to be done

There is an increasing focus on global intermediary identifier numbers (GIINs), […]

Alacra Reference Data Alert – Accelerating LEI Adoption – An Idea from the Edge

None of the benefits that could be gleaned from the establishment of the Legal Entity Identifier have been realized and there is no evidence that the status quo will change anytime soon. To jumpstart the adoption and usefulness of the LEI, regulators must mandate the world’s largest financial institutions register or pay them to comply.

Recently, […]

The Fed Isn’t Really Pushing LEIs…

Last week the Federal Reserve put out a press release announcing a proposal that would seem to mandate the use of LEIs on certain regulatory reporting forms:

The Federal Reserve Board on Monday announced a proposal that would require banking organizations to include their existing Legal Entity Identifiers (LEIs) on certain regulatory […]

Accelerating LEI Adoption – An Idea from the Edge

None of the benefits that could be gleaned from the establishment of the Legal Entity Identifier has been realized, and there is no evidence that the status quo will change anytime soon. To jumpstart the adoption and usefulness of the LEI, regulators either must mandate the world’s largest financial institutions register or pay them to comply.

Recently, the Global Legal […]

Inside the LEI – Part V

Recent conversations with executives close to the GLEIF (Global Legal Entity Identification Foundation) revealed an underlying conflict in the creation of the LEI database. The LEI registration process and data collection activities are being optimized for three constituencies: the regulators, the registrants, and the Local Operating Units (LOUs). However, a fourth constituency, equal in importance to the other […]

Alacra Reference Data Alert – Inside the LEI – Issue V

Recent conversations with executives close to the GLEIF (Global Legal Entity Identification Foundation) revealed an underlying conflict in the creation of the LEI database. The LEI registration process and data collection activities are being optimized for three constituencies: the regulators, the registrants, and the Local Operating Units (LOUs). However, a fourth constituency, equal in importance […]

Quick Review of Today’s LEI Webinar

The GLEIF (Global Legal Entity Identifier Foundation) in concert with the GFMA (Global Financial Markets Association) held a webinar this morning to give market participants an update as to the state of the GLEIS (Global Legal Entity Identifier System).  Speakers included Robin Doyle of JP Morgan, Matthew Reed of the Office of Financial […]

By |February 5th, 2015|Financial Regulations, Legal Entity Identifiers, Posts, Reference Data|

DTCC/SWIFT Tops Legal Entity Identifier Providers in TABB/Alacra Q3-2014 LEI Rankings, but LEI Process Comes Up Short

TABB Group Partners with Alacra to Expand Quarterly LEI Statistics

New York & London December 15, 2014: Capital markets research firm TABB Group and Alacra, a leading provider of legal, counterparty and reference data solutions, announced today that DTCC/SWIFT led 13 other Legal Entity Identifier (LEI) registration authorities around the globe in TABB […]