Featured Product

    LEI ROC Consults on Corporate Actions and Data History in GLEIS

    July 26, 2017

    LEI ROC published a consultation on corporate actions and data history in the Global Legal Entity Identifier System (GLEIS). The consultation paper aims to present an implementable framework for addressing corporate actions that may affect the reference and relationship data in the LEI records, including those that may affect the legal perimeter or material composition of an entity; it also aims to define the type of information that should be requested and an appropriate means of tracking changes over time.

    No single and complete definition of “corporate action” exists that is globally accepted among companies, equity and debt issuers, investors, regulators, and other stakeholders. In general, corporate actions include any type of event that yields a material change for a company or holders of its debt or equity. Although corporate actions include a broad range of types, this consultation paper focuses only on corporate actions that directly affect the LEI reference or relationship data, including corporate actions that affect the legal perimeter or material composition of an entity and, ultimately, how those actions affect the historical information maintained within the GLEIS. Thus, this consultation document includes a discussion of the particular set of corporate actions that the ROC believes may directly affect the data within the GLEIS and a set of questions addressed to interested parties about their views on the approach that should be taken to address corporate actions and define the relevant entity history. This consultation document seeks input from the public on topics such as complex acquisitions, spin-off relationship, inactive entities, and entity under liquidation.

    Comment Due Date: September 29, 2017

    Keywords: International, Banking, Insurance, Securities, GLEIS, Corporate Actions, Data History, LEI, LEIROC

    Featured Experts
    Related Articles
    News

    APRA Consults to Standardize Submission Date for Quarterly Reporting

    APRA proposed to standardize quarterly reporting due dates for authorized deposit-taking institutions. The proposed standardized due date is 35 calendar days after the last day of the reference quarter, which will create a 14-calendar-day extension for credit unions and building societies.

    November 08, 2019 WebPage Regulatory News
    News

    EBA Single Rulebook Q&A: First Update for November 2019

    EBA updated the Single Rulebook question and answer (Q&A) tool with answers to two questions. The answers provide clarifications on topics related to own funds and strong customer authentication under the revised Payment Services Directive or PSD2.

    November 08, 2019 WebPage Regulatory News
    News

    FED Proposes to Extend Initial Compliance Dates Under SCCL Rule

    FED published a proposal to extend, by 18 months, the initial compliance dates for foreign banks subject to the single-counterparty credit limit (SCCL) rule.

    November 08, 2019 WebPage Regulatory News
    News

    EBA Publishes Technical Package on Reporting Framework 2.9.1

    EBA published a new release of the reporting framework 2.9.1. This release includes validation rules, Data Point Model (DPM) data dictionary, XBRL taxonomy, and other supporting documents. Additionally, the release fixes some modeling issues on COREP Liquidity and FINREP.

    November 08, 2019 WebPage Regulatory News
    News

    EBA Publishes Methodology and Draft Templates for Stress Tests in 2020

    EBA published a package for the 2020 EU-wide stress test exercise for banks.

    November 07, 2019 WebPage Regulatory News
    News

    EC Publishes Results of Fitness Check of Reporting Requirements in EU

    EC published results of the fitness check of supervisory reporting requirements in financial services legislation in EU.

    November 07, 2019 WebPage Regulatory News
    News

    BCBS Assesses NSFR and LE Rules in Argentina and China as Compliant

    BCBS published reports that assess the implementation of net stable funding ratio (NSFR) and large exposures, or LE, framework in Argentina and China.

    November 07, 2019 WebPage Regulatory News
    News

    FSB Publishes Summary of Plenary Meeting in Paris

    At the meeting, the Plenary reviewed vulnerabilities in the global financial system, fintech developments (including developments in the crypto-asset markets), ongoing work of FSB, and the work program for 2020.

    November 07, 2019 WebPage Regulatory News
    News

    HKMA Highlights Technology Initiatives at the Hong Kong FinTech Week

    HKMA co-organized, with InvestHK, the Hong Kong FinTech Week 2019, which was a five-day flagship fintech event that attracted thousands of attendees worldwide.

    November 06, 2019 WebPage Regulatory News
    News

    ECB Report on Fallback Provisions in Contracts Referencing EURIBOR

    ECB published a report, by private sector working group on euro risk-free rates, presenting recommendations for fallback provisions in contracts for cash products and derivative transactions referencing EURIBOR.

    November 06, 2019 WebPage Regulatory News
    RESULTS 1 - 10 OF 4118