EU counterparties in derivatives trading need pre-LEI

06/26/2013 | Compliancy-Services.co.uk (U.K.)

To comply with reporting obligations under the European Market Infrastructure Regulation, counterparties involved in derivatives trades must obtain a pre-legal-entity identifier. Pre-LEI issuance is underway. Read a news release about the LEI Regulatory Oversight Committee's progress in establishing a global LEI system.

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