Late LEI registrations might not be ready for January 2018, Gleif says

If firms leave their LEI registration application until the last quarter of 2017, they might not receive their identifier in time

eye-spy-snoop-numbers
Crucial code: failure to obtain a unique LEI will prevent financial firms from trading on EU venues

The Global Legal Entity Identifier Foundation (Gleif) has warned market participants that if they wait until the last three months of this year to register for legal entity identifiers (LEI), they run the risk of becoming ineligible for trading on European Union venues.

The second Markets in Financial Instruments Directive (Mifid II) and Markets in Financial Instruments Regulation (Mifir) reporting obligations come into effect in January 2018. The latest round of new regulations will require

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

If you already have an account, please sign in here.

Regulation shifts focus to listed FX

Jens Quiram, global co-head of FIC derivatives and repo sales at Eurex, assesses the state of the regulatory landscape in the FX market and outlines how listed markets offer a viable alternative to increasingly costly over‑the-counter instruments

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: