GLEIF Issues Global LEI System Business Report in November 2018

Since July 2017, as part of this report, GLEIF also delivers statistics on direct and ultimate parent information provided by legal entities. This Global LEI System Business Report analyzes developments observed in the third quarter of 2018. The report provides information related to the following:

• State of play of LEI issuance and LEI growth potential
• Competition in the Global LEI System
• LEI renewal rates
• Level 1 reference data corroboration
• Statistics on the reporting of parent information by legal entities

The report finds that approximately 56,800 LEIs were issued in the third quarter of 2018 compared to approximately 71,300 in the second quarter; this represents a quarterly growth rate of 4.8% in the third quarter (second quarter: 6.3%). 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 country. In the third quarter of 2018, Italy, Spain, the Netherlands, the U.S., and Finland remained among the five least competitive markets in descending order. Romania, Lithuania, Portugal, Bulgaria, and Malta were among the five most competitive markets in descending order. Additionally, during the reporting period, the highest renewal rates were demonstrated by Japan (90.4%), Finland (89.5%), India (87.6%), Liechtenstein (87%), and Norway (82.7%).

Related Links

• Notification
• Business Report (PDF)
• Summary of Business Report (PDF)

Keywords: International, Securities, LEI, GLEIS, Business Report, Reporting, GLEIF