LEI Registrations in the G20
Although it’s been over 2 years since the G20 leadership endorsed the Financial Stability Board’s (FSB) recommendation about the LEI, adoption among most G-20 nations has been modest.
Percentage of BICs Assigned […]
This is Part 2 of excerpted posts from Alacra’s Inside the LEI series – Issue IV
Percentage of Rated Entities Assigned an LEI
The rated universe Alacra covers includes those entities/issuers rated by A.M. Best, Moody’s, S&P and Fitch. This totals […]
When we last published Inside the LEI in May there were 13 pre-Local Operating Units (LOUs) and about 237,000 entities that had been assigned an LEI. Six months later, there are 19 pre-LOUs and over 311,000 entities have been assigned an LEI. That’s an increase in entities covered of 37%.
Our analysis in the spring highlighted […]
We are excited to announce that Alacra was awarded the Best Entity Data Solution for EMIR/Dodd-Frank at A-Team Group’s Data Management Summit yesterday in London. London Managing Director Don Roll, who spoke at the event, was there to accept the award with the Alacra Team.
Alacra’s […]
In October 2013, the Office of the Comptroller of the Currency (OCC), the U.S. regulator of national banks, issued Bulletin 2013-29–guidance for assessing and managing risks associated with third-party relationships. The OCC defines a third-party relationship as “any business arrangement between a bank and another entity, by contract or otherwise.”[1] This bulletin […]
Barbara Keller, CAMS, CFCS, and former Deputy Associate Director for Compliance and Enforcement for FinCEN, has written a new Alacra Compliance Primer which details the evolution of several of the most significant cases of U.S. sanctions violation cases, some of which also included penalties for AML violations. Recent actions have been taken primarily against foreign banks […]
The All England Lawn Tennis Club (Championships) Limited has an LEI.
ALBERGHIERA SOLE S.R.L. IL REGISTRO IMPRESE NON GARANTISCE LA CORRISPONDENZA DEGLI ASSETTI PROPRIETARI CON LA REALE COMPAGINE SOCIALE, POICHE’ LA SOCIETA’ NON HA PROVVEDUTO ALL’AGGIORNAMENTO […]
I would have thought with all the webinars, conferences, regulatory discussions and new reporting mandates the interest in LEI and legal entity identification in general would be increasing. Not according to Google Trends.
Legal Entity Identifier interest over time:
A-Team Group just published an Industry Briefing focusing on entity identifier mapping as a key component to achieving a single view of the customer for financial institutions. “Single view” is critical for complying with many different regulations in different jurisdictions. It is also critical for risk reduction, cost reduction and more effective cross-selling programs. Alacra […]
Over 270,000 entities have been assigned an LEI yet the Central Operating Unit, the body that is supposed to provide guidance to the LOUs still does not exist. So the universe of entities that have LEIs is a mish-mash of US and European funds and other businesses that have little rhyme or reason. This edition […]