The Global Legal Entity Identifier Foundation (GLEIF) announced that, in collaboration with OS-Climate and Amazon, the real-time open Legal Entity Identifier (LEI) datasets are being made publicly available for the first time in the cloud, via the Amazon Sustainability Data Initiative (ASDI) data catalog. Building on a long-standing relationship with ASDI, OS-Climate drove this move to allow easier integration of LEI data with its own datasets, which supports the development of open data and open-source analytics for climate risk management and climate-aligned finance and investment.
The new availability of LEI data within ASDI has the potential to deliver a much wider-reaching impact on the global sustainability ecosystem. By making large sustainability datasets publicly available to anyone, ASDI seeks to accelerate sustainability research and innovation by minimizing the cost and time required for data acquisition and analysis. The datasets can also be easily accessed by, and integrated with, other sustainability initiatives, to enhance data modelling, mapping, and calculations. Additionally, GLEIF has updated the list of current and proposed regulatory activities on the use of Legal Entity Identifier (LEI). The list contains details, including links to domestic implementation documents, for jurisdictions where LEI is required, along with the effective date of regulatory requirements. In yet another update, GLEIF highlighted that the latest Global LEI System Business Report, for the third quarter of 2021, shows positive growth in the volume of LEIs worldwide. More than 60,000 LEIs were issued in the third quarter, representing a quarterly growth rate of 3.3%.
- Notification on Cloud Datasets
- Notification on GLEIS Business Report
- List of Regulatory Activities
- GLEIS Business Report
Keywords: International, Banking, Insurance, Securities, Reporting, Regulatory Activities, LEI, GLEIS, LEI Data, Climate Change Risk, ESG, Amazon, GLEIF, Cloud Computing, GLEIF
Dr. Denton provides industry leadership in the quantification of sustainability issues, climate risk, trade credit and emerging lending risks. His deep foundations in market and credit risk provide critical perspectives on how climate/sustainability risks can be measured, communicated and used to drive commercial opportunities, policy, strategy, and compliance. He supports corporate clients and financial institutions in leveraging Moody’s tools and capabilities to improve decision-making and compliance capabilities, with particular focus on the energy, agriculture and physical commodities industries.
Previous ArticleFSB Report Assesses Implementation of Recommendations on Stablecoins
The European Banking Authority (EBA) launched the 2023 European Union (EU)-wide stress test, published annual reports on minimum requirement for own funds and eligible liabilities (MREL) and high earners with data as of December 2021.
The European Banking Authority (EBA) proposed implementing technical standards on the interest rate risk in the banking book (IRRBB) reporting requirements, with the comment period ending on May 02, 2023.
The U.S. Federal Reserve Board (FED) set out details of the pilot climate scenario analysis exercise to be conducted among the six largest U.S. bank holding companies.
The Board of Governors of the Federal Reserve System (FED) adopted the final rule on Adjustable Interest Rate (LIBOR) Act.
The European Central Bank (ECB) published an updated list of supervised entities, a report on the supervision of less significant institutions (LSIs), a statement on macro-prudential policy.
The Hong Kong Monetary Authority (HKMA) published a circular on the prudential treatment of crypto-asset exposures, an update on the status of transition to new interest rate benchmarks.
The European Commission (EC) adopted the standards addressing supervisory reporting of risk concentrations and intra-group transactions, benchmarking of internal approaches, and authorization of credit institutions.
The China Banking and Insurance Regulatory Commission (CBIRC) issued rules to manage the risk of off-balance sheet business of commercial banks and rules on corporate governance of financial institutions.
The Hong Kong Monetary Authority (HKMA) made announcements to address sustainability issues in the financial sector.
The European Banking Authority (EBA) published regulatory standards on identification of a group of connected clients (GCC) as well as updated the lists of identified financial conglomerates.