GLEIF published the updated version 1.5 of the Registration Authorities List, which standardizes the cross-reference provided by a legal entity to its local authoritative source. This version includes nearly 200 changes compared to version 1.4. Additionally, GLEIF updated the centralized challenge facility that extends the ability to trigger updates of Legal Entity Identifier (LEI) data to all interested parties. The new challenge facility supports Level 2 Data.
The Registration Authorities List contains more than 700 business registers and other relevant registration authority sources and assigns a unique code to each register on the list. It enables users of LEI data to more easily link the LEI to other data sources. GLEIF will monitor compliance of LEI issuers with the Registration Authorities List. After publication of each new version of the Registration Authorities List, the LEI issuers are required to implement all changes within a limited timeframe.
The GLEIF challenge facility enables LEI data users to substantiate doubts regarding the referential integrity between LEI records or the accuracy and completeness of the related reference data. This includes parent relationship information. It also indicates possible duplicate entries or any lack of timely response to LEI-related corporate actions.
Keywords: International, Banking, Insurance, Securities, Registration Authorities, LEI, Centralized Challenge Facility, Data, GLEIF
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