Legal entity identifiers (leis)
Stephan Wolf, chief technology officer of Interactive Data, will lead the effort to develop a system of legal entity identifiers
Esma hopes to improve matching rates for Europe’s five-month-old reporting regime – currently as low as 3% for some trades – but repositories say more will be needed
More Legal entity identifiers (leis) articles
Only 30% of inter-repository OTC derivatives and 3% of listed trade reports can be paired, conference is told – a problem stemming from the lack of trade identifiers
Problems and challenges a natural part of the switch to Europe's new reporting rules, says Esma official
A requirement to report trades under the European Market Infrastructure Regulation kicked in on February 12, creating a rush to comply among energy derivatives market participants. Some firms have struggled with the rules, and say a lack of support from...
Emails to customers cite backlogs in rates and exchange-traded derivatives - users say repository has been "victim of its own success"
Finnish issuer expects to hand out 10,000 identifiers, but had only reached 1,166 last week - and the story is similar elsewhere
Number of legal entity identifiers is sitting at 83,337 – well short of the required total, which is estimated at anything from 100,000 to one million
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.
Hong Kong, 1st - 31st Dec 2014
UK, 18th Mar 2015
Singapore, 22nd - 23rd Jul 2014
Australia, 12th - 13th Aug 2014
Australia, 14th Aug 2014