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
Previous ArticleBoE, PRA, and FCA Consult to Strengthen Operational Resilience
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.