The DTCC has confirmed to FTF News that it is shutting down its Global Markets Entity Identifier (GMEI) utility and leaving the Legal Entity Identifier (LEI) services business by Aug. 22, and that the Global Legal Entity Identifier Foundation (GLEIF) will assign current LEIs to new, accredited local operating units (LOUs) as part of a… Read More >>
LEI Group Launches Website
The Global Legal Entity Identifier Foundation (GLEIF) has officially launched its website, a move the organization calls in a statement “an important milestone in the establishment of the Legal Entity Identifier (LEI) as a key component for a global entity identification management.” GLEIF was established in June 2014. The GLEIF website contains information on the… Read More >>
OTC Trade Reporting Begins in Canada
CDS Clearing and Depository Services (CDS) reports that it has received sponsorship from the Ontario Securities Commission (OSC) as part of the endorsement process required to become a pre-local operating unit (pre-LOU) of the global legal entity identifier (LEI) system. Once finalized, CDS will offer Canadian entities LEI-issuance in collaboration with the DTCC’s global markets… Read More >>