GLEIF Issues LEI Data Quality Report and GLEIS Business Report

The business report on global LEI system 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. At the end of the second quarter of 2019, the total LEI population exceeded 1.4 million. Approximately 47,000 LEIs were issued in the second quarter of 2019, compared to approximately 53,000 in the first quarter of 2019. This represents a quarterly growth rate of 3.4% in the second quarter (previous quarter: 4.1%). 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 second quarter of 2019, Italy, the Netherlands, Spain, Finland, and Czech Republic were the five least competitive markets in descending order. Lithuania, Romania, Portugal, Malta, and Bulgaria were the five most competitive markets in descending order. 

The GLEIS business report also showed that Mauritius saw the highest LEI growth rate at a jurisdiction level (37.2%) in the second quarter of 2019. It was followed by China (36.2%), India (17.6%), Australia (13.2%), and Turkey (10.4%), where growth can primarily be attributed to regulatory initiatives mandating the use of the LEI. Additionally, during the reporting period, the highest renewal rates were demonstrated by Finland (93.3%), India (92.9%), Japan (92.2%), Liechtenstein (91%), and Norway (84.8%). Brazil (54.5%), the United States (54.1%), the Russian Federation (48.3%), the United Kingdom (46.7%), and South Africa (45.7%) were the top five jurisdictions demonstrating the highest non-renewal rates. 

Related Links

• Notification on Data Quality Report
• Notification on GLEIS Business Report
• Data Quality Report (PDF)
• GLEIS Business Report (PDF)

Keywords: International, Banking, Securities, Data Quality, Reporting, GLEIS, LEI, GLEIF