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

    ESAs Issue Multiple Regulatory Updates for Financial Sector Entities

    The three European Supervisory Authorities (ESAs) issued a letter to inform about delay in the Sustainable Finance Disclosure Regulation (SFDR) mandate, along with a Call for Evidence on greenwashing practices.

    November 15, 2022 WebPage Regulatory News
    News

    FSB and NGFS Publish Initial Findings from Climate Scenario Analyses

    The Financial Stability Board (FSB) and the Network for Greening the Financial System (NGFS) published a joint report that outlines the initial findings from climate scenario analyses undertaken by financial authorities to assess climate-related financial risks.

    November 15, 2022 WebPage Regulatory News
    News

    FSB Issues Reports on NBFI and Liquidity in Government Bonds

    The Financial Stability Board (FSB) published a letter intended for the G20 leaders, highlighting the work that it will undertake under the Indian G20 Presidency in 2023 to strengthen resilience of the financial system.

    November 14, 2022 WebPage Regulatory News
    News

    ISSB Makes Announcements at COP27; IASB to Propose IFRS 9 Amendments

    The International Sustainability Standards Board (ISSB) of the IFRS Foundations made several announcements at COP27 and with respect to its work on the sustainability standards.

    November 10, 2022 WebPage Regulatory News
    News

    IOSCO Prioritizes Green Disclosures, Greenwashing, and Carbon Markets

    The International Organization for Securities Commissions (IOSCO), at COP27, outlined the regulatory priorities for sustainability disclosures, mitigation of greenwashing, and promotion of integrity in carbon markets.

    November 09, 2022 WebPage Regulatory News
    News

    EBA Finalizes Methodology for Stress Tests, Issues Other Updates

    The European Banking Authority (EBA) issued a statement in the context of COP27, clarified the operationalization of intermediate EU parent undertakings (IPUs) of third-country groups

    November 09, 2022 WebPage Regulatory News
    News

    EU Finalizes Rules Under Crowdfunding Service Providers Regulation

    The European Union has finalized and published, in the Official Journal of the European Union, a set of 13 Delegated and Implementing Regulations applicable to the European crowdfunding service providers.

    November 08, 2022 WebPage Regulatory News
    News

    OSFI Sets Out Work Priorities and Reporting Updates for Banks

    The Office of the Superintendent of Financial Institutions (OSFI) published an annual report on its activities, a report on forward-looking work.

    November 07, 2022 WebPage Regulatory News
    News

    APRA Finalizes Changes to Capital Framework, Issues Other Updates

    The Australian Prudential Regulation Authority (APRA) finalized amendments to the capital framework, announced a review of the prudential framework for groups.

    November 03, 2022 WebPage Regulatory News
    News

    BIS Hub and Central Banks Conduct CBDC and DeFI Pilots

    The Bank for International Settlements (BIS) Innovation Hubs and several central banks are working together on various central bank digital currency (CBDC) pilots.

    November 03, 2022 WebPage Regulatory News
    RESULTS 1 - 10 OF 8596