CFTC Amended Order for Mutual Acceptance of LEIs

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On June 10, the CFTC issued an amended order that revises an order issued on July 23, 2012, expanding the list of approved providers of Legal Entity Identifiers (LEIs) that can be used by registered entities and swap counterparties when complying with the CFTC’s swap data reporting regulations. The amended order provides that in addition to LEIs issued by DTCC-SWIFT, the CFTC will recognize LEIs issued by WM Datenservice following recognition by ESMA of DTCC-SWIFT CFTC Interim Compliant Indicators under European reporting regulations. The amended order also sets forth the conditions for future acceptance of LEIs from additional providers. CFTC Release. CFTC Amended Order.

Topics:  CFTC, Legal Entity Identifiers, Reporting Requirements, Swaps

Published In: Finance & Banking Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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