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Six market participants are banding together to facilitate the LEI reference data requirements, which have just gotten a reprieve via ESMA.
UBS is collaborating with Barclays, Credit Suisse, KBC Asset Management, SIX and Thomson Reuters to meet MiFID II legal entity identifier (LEI) requirements and improve the quality of counterparty reference data using Ethereum smart contracts. The project, which was kick started by UBS in its London-based innovation lab Level39, is currently in a pilot phase,...
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