GLEIF Announces Availability of LEI Datasets on Cloud
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%.
Related Links
- 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
Featured Experts
María Cañamero
Skilled market researcher; growth strategist; successful go-to-market campaign developer
Nicolas Degruson
Works with financial institutions, regulatory experts, business analysts, product managers, and software engineers to drive regulatory solutions across the globe.
Michael Denton, PhD, PE
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 Article
FPC Proposes Changes to O-SII Buffer Framework for BanksRelated Articles
EBA Finalizes Templates for One-Off Climate Risk Scenario Analysis
The European Banking Authority (EBA) has published the final templates, and the associated guidance, for collecting climate-related data for the one-off Fit-for-55 climate risk scenario analysis.
EBA Mulls Inclusion of Environmental & Social Risks to Pillar 1 Rules
The European Banking Authority (EBA) recently published a report that recommends enhancements to the Pillar 1 framework, under the prudential rules, to capture environmental and social risks.
BCBS Consults on Disclosure of Crypto-Asset Exposures of Banks
As a follow on from its prudential standard on the treatment of crypto-asset exposures, the Basel Committee on Banking Supervision (BCBS) proposed disclosure requirements for crypto-asset exposures of banks.
BCBS and EBA Publish Results of Basel III Monitoring Exercise
The Basel Committee on Banking Supervision (BCBS) and the European Banking Authority (EBA) have published results of the Basel III monitoring exercise.
PRA Updates Timeline for Final Basel III Rules, Issues Other Updates
The Prudential Regulation Authority (PRA) recently issued a few regulatory updates for banks, with the updated Basel implementation timelines being the key among them.
US Treasury Sets Out Principles for Net-Zero Financing
The U.S. Department of the Treasury has recently set out the principles for net-zero financing and investment.
EC Launches Survey on G7 Principles on Generative AI
The European Commission (EC) launched a stakeholder survey on the draft International Guiding Principles for organizations developing advanced artificial intelligence (AI) systems.
ISSB Sustainability Standards Expected to Become Global Baseline
The finalization of the two sustainability disclosure standards—IFRS S1 and IFRS S2—is expected to be a significant step forward in the harmonization of sustainability disclosures worldwide.
IOSCO, BIS, and FSB to Intensify Focus on Decentralized Finance
Decentralized finance (DeFi) is expected to increase in prominence, finding traction in use cases such as lending, trading, and investing, without the intermediation of traditional financial institutions.
BCBS Assesses NSFR and Large Exposures Rules in US
The Basel Committee on Banking Supervision (BCBS) published reports that assessed the overall implementation of the net stable funding ratio (NSFR) and the large exposures rules in the U.S.
