GLEIF published the monthly Global Legal Entity Identifier (LEI) data quality report, which analyzes the overall data quality in the Global LEI System. Additionally, GLEIF has updated the list of current and proposed regulatory activities, including the use of LEI. It is the prerogative of the authorities acting in individual jurisdictions to mandate the use of LEIs.
The assessment performed on March 31, 2019 shows that the LEI Total Data Quality Score remains stable above 99%. The analysis of distinct quality maturity levels met by the LEI issuers demonstrates that the percentage of LEI issuers that achieve required data quality (69%) remains essentially unchanged compared to the previous reporting period. The global LEI data quality report this month covers the following factors:
- The LEI Total Data Quality Score for the reporting period
- Progress achieved on the continuous optimization of data quality within the Global LEI System, based on the LEI Total Data Quality Score
- The Total Data Quality Score per country achieved in the reporting period
- Results of GLEIF checks of the LEI data records against implemented quality criteria—that is, the percentage of records that successfully passed the tests
- The percentage of LEI data records that meet the requirements of distinct quality maturity levels
- Information on "Level 2" data, duplicates, and challenges for the reporting period
- The section "Top 5 Failing Checks" identifying the data quality checks performed by GLEIF that trigger the highest number of LEI records that fail these checks
Keywords: International, Banking, Insurance, Securities, LEI, GLEIS, Data Quality, LEI Adoption, GLEIF
EBA issued a revised list of validation rules with respect to the implementing technical standards on supervisory reporting.
EBA published its response to the call for advice of EC on ways to strengthen the EU legal framework on anti-money laundering and countering the financing of terrorism (AML/CFT).
NGFS published a paper on the overview of environmental risk analysis by financial institutions and an occasional paper on the case studies on environmental risk analysis methodologies.
MAS published the guidelines on individual accountability and conduct at financial institutions.
APRA published final versions of the prudential standard APS 220 on credit quality and the reporting standard ARS 923.2 on repayment deferrals.
SRB published two articles, with one article discussing the framework in place to safeguard financial stability amid crisis and the other article outlining the path to a harmonized and predictable liquidation regime.
FSB hosted a virtual workshop as part of the consultation process for its evaluation of the too-big-to-fail reforms.
ECB updated the list of supervised entities in EU, with the number of significant supervised entities being 115.
OSFI published the key findings of a study on third-party risk management.
FSB is extending the implementation timeline, by one year, for the minimum haircut standards for non-centrally cleared securities financing transactions or SFTs.