Featured Product

    GLEIF Releases LEI Data Quality Report and GLEIS Business Report

    February 07, 2020

    GLEIF published the latest quarterly Global Legal Entity Identifier (LEI) System Business Report, which highlights main trends relevant to the adoption of LEI and provides an in-depth analysis of the LEI data pool. Additionally, GLEIF published the monthly global LEI data quality report, which analyzes the overall data quality in the Global LEI System, also known as GLEIS. The data quality report showed improvement in comprehensiveness criteria and deterioration in accuracy. This report also showed that fewer LEI issuers reached the required data quality (84%). Data quality measures related to the direct and ultimate parent data collection continued to increase.

    The quarterly Global LEI System Business Report, which was published in January 2020, analyzes developments observed in the fourth quarter of 2019. At the end of the fourth quarter of 2019, the total LEI population was nearly 1.5 million. Over 60,000 LEIs were issued during this quarter, compared to approximately 41,000 in the previous quarter. This represents a quarterly growth rate of 4.2% as compared to 2.9% in the previous quarter.

    The quarterly report also shows that China featured the highest quarterly LEI growth rate at a jurisdiction level (122.5%), followed by Turkey (13.9%), India (10.2%), Mauritius (9.8%), and Estonia (9.1%). Growth in China and India can be primarily attributed to regulatory initiatives mandating the use of LEI. The growth in Turkey is driven by the International Securities Identification Numbers (ISIN)-LEI mapping project, which mandates the use of the LEI among all issuers. In Estonia, growth may be attributed to the country-wide promotion of a digital society campaign and the recent local market activity.


    Related Links

    Keywords: International, Banking, Securities, Insurance, Reporting, GLEIS, LEI Adoption, LEI

    Featured Experts
    Related Articles
    News

    EC Issues Regulation on Adjustments to K-Factor Coefficients Under IFR

    The European Commission (EC) published a report summarizing responses to the targeted consultation on the supervisory convergence and the single rulebook in the European Union (EU).

    January 20, 2022 WebPage Regulatory News
    News

    OSFI Issues Results of Pilot on Climate Risk Scenario Analysis

    The Office of the Superintendent of Financial Institutions (OSFI) published an update on the discussion paper that intended to engage federally regulated financial institutions and other interested stakeholders in a dialog with OSFI, to proactively enhance and align assurance expectations over key regulatory returns.

    January 20, 2022 WebPage Regulatory News
    News

    ECB Issues Opinions on Green Bonds Standard and CRR Proposals

    The European Central Bank (ECB) published its opinion on a proposal for a regulation on European green bonds, following a request from the European Parliament.

    January 19, 2022 WebPage Regulatory News
    News

    ESRB Explores Policy Response to Risks Arising from Digitalization

    The Advisory Scientific Committee (ASC) of the European Systemic Risk Board (ESRB) published a report that explores the expected impact of digitalization on provision of financial and banking services, and proposes policy measures to address the risks stemming from digitalization.

    January 18, 2022 WebPage Regulatory News
    News

    EU Authorities Address COVID-19 Reporting, MCD, and PSD2 Issues

    The European Banking Authority (EBA) announced that the guidelines on the reporting and disclosure of exposures subject to measures COVID-relief measures shall continue to apply until further notice.

    January 17, 2022 WebPage Regulatory News
    News

    FI Publishes Multiple Regulatory and Reporting Updates

    The Swedish Financial Supervisory Authority (FI) announced that the capital adequacy reporting as at December 31, 2021 must be done by February 11, 2022.

    January 17, 2022 WebPage Regulatory News
    News

    BSP Tackles Aspects of Lending and Islamic, Open & Sustainable Finance

    The Central Bank of the Philippines (BSP) issued communications covering developments related to online lending platforms, open finance framework and roadmap, and on the expected regulations in the area sustainable finance.

    January 16, 2022 WebPage Regulatory News
    News

    US Agencies Issue Regulatory Updates, FDIC Launches Tech Sprint

    The Board of Governors of the Federal Reserve System (FED) published the final rule that amends Regulation I to reduce the quarterly reporting burden for member banks by automating the application process for adjusting their subscriptions to the Federal Reserve Bank capital stock, except in the context of mergers.

    January 13, 2022 WebPage Regulatory News
    News

    EBA Issues Guide on Bank Resolvability, Consults on Transferability

    The European Banking Authority (EBA) published its assessment of risks through the quarterly Risk Dashboard and the results of the Autumn edition of the Risk Assessment Questionnaire (RAQ).

    January 13, 2022 WebPage Regulatory News
    News

    MFSA Publishes CRD5 Updates and Supervisory Priorities for 2022

    The Malta Financial Services Authority (MFSA) updated the guidelines on supervisory reporting requirements under the reporting framework 3.0.

    January 13, 2022 WebPage Regulatory News
    RESULTS 1 - 10 OF 7875