GLEIF Issues Global LEI Data Quality Report and System Business Report
GLEIF published the monthly Global Legal Entity Identifier (LEI) data quality report for May 2019, which analyzes the overall data quality in the Global LEI System. Additionally, GLEIF published the latest quarterly Global LEI System Business Report, which highlights main trends relevant to the adoption of LEI and provides in-depth analysis of the LEI data pool. The report analyzes developments observed in the first quarter of 2019.
Global LEI data quality report. The report for this month highlights that the assessment performed on May 31, 2019 shows that 24 out of the total of 33 LEI issuers (72%) achieve the required data quality. Five LEI issuers (15%) demonstrate excellent data quality. Overall performance improved, in particular, with regard to the quality criteria "provenance" and "consistency." The Total Data Quality Score remains stable above 99%.
Global LEI system business report. The report assesses annual growth and renewal expectations, evaluates the level of competition among the LEI-issuing organizations operating in the Global LEI System, and analyzes LEI renewal rates and reference data corroboration. Since July 2017, as part of this report, GLEIF also delivers statistics on direct and ultimate parent information provided by legal entities. At the end of the first quarter of 2019, the total LEI population neared 1.36 million. Approximately 53,000 LEIs were issued in the first quarter of 2019 compared to approximately 55,000 in the fourth quarter of 2018. This represents a quarterly growth rate of 4.1% in the first quarter (previous quarter: 4.4%). The report identifies the least and most competitive markets of those with more than 1,000 LEIs, based on the number of LEI issuers providing services in the jurisdiction. In the first quarter of 2019, Italy, Netherlands, Spain, Finland, and Czech Republic were the five least competitive markets in descending order. Romania, Lithuania, Portugal, Malta, and Bulgaria were the five most competitive markets in descending order. Additionally, during the reporting period, the highest renewal rates were demonstrated by India (95.5%), Finland (93.5%), Japan (91.9%), Liechtenstein (91.1%), and Norway (85.7%). Brazil (54.9%), the United States (53.9%), South Africa (48.3%), the United Kingdom (46.6%), and the Russian Federation (46.3%) were the top five jurisdictions demonstrating the highest non-renewal rates.
Related Links
- Notification on Data Quality Report
- Notification on Business Report
- Data Quality Report (PDF)
- Business Report (PDF)
Keywords: International, Banking, Securities, GLEIS, Data Quality, Reporting, LEI, GLEIF
Featured Experts

María Cañamero
Skilled market researcher; growth strategist; successful go-to-market campaign developer

Pierre-Etienne Chabanel
Brings expertise in technology and software solutions around banking regulation, whether deployed on-premises or in the cloud.

Nicolas Degruson
Works with financial institutions, regulatory experts, business analysts, product managers, and software engineers to drive regulatory solutions across the globe.
Previous Article
RBI Issues Directions on Framework for Resolution of Stressed AssetsRelated Articles
FED Revises Capital Planning and Stress Testing Requirements for Banks
FED finalized a rule that updates capital planning requirements to reflect the new framework from 2019 that sorts large banks into categories, with requirements that are tailored to the risks of each category.
ECB Releases Results of Bank Lending Survey for Fourth Quarter of 2020
ECB published results of the quarterly lending survey conducted on 143 banks in the euro area.
ESAs Publish Reporting Templates for Financial Conglomerates
ESAs published the final draft implementing technical standards on reporting of intra-group transactions and risk concentration of financial conglomerates subject to the supplementary supervision in EU.
EBA Publishes Report on Asset Encumbrance of Banks in EU
EBA published the annual report on asset encumbrance of banks in EU.
MAS Revises Guidelines on Technology Risk Management
MAS revised the guidelines that address technology and cyber risks of financial institutions, in an environment of growing use of cloud technologies, application programming interfaces, and rapid software development.
US Agencies Publish Updates for Call Reports, FFIEC 101, and FR Y-9C
FED updated the reporting form and instructions for the FR Y-9C report on consolidated financial statements for holding companies.
EBA Proposes Guidelines for Establishing Intermediate Parent Entities
EBA issued a consultation paper on the guidelines on monitoring of the threshold and other procedural aspects of the establishment of intermediate EU parent undertakings, or IPUs, as laid down in the Capital Requirements Directive.
EC Adopts Financial Reporting Changes Arising from Benchmark Reforms
EC published Regulation 2021/25 that addresses amendments related to the financial reporting consequences of replacement of the existing interest rate benchmarks with alternative reference rates.
BIS Bulletin Examines Key Elements of Policy Response to Cyber Risk
BIS published a bulletin, or a note, that examines the cyber threat landscape in the context of the pandemic and discusses policies to reduce risks to financial stability.
HMT Updates List of Post-Brexit Equivalence Decisions in UK
HM Treasury, also known as HMT, has updated the table containing the list of the equivalence decisions that came into effect in UK at the end of the transition period of its withdrawal from EU.