Legal Entity Identifiers (LEIs) help financial firms and regulators aggregate and better understand counterparty exposures, providing enhanced market transparency and improved analysis of systemic risk.
Soon, all entities involved in European trade on both the buy and the sell- side will be required to supply LEIs in their trade reporting, thanks to updates to MiFID II.
In this podcast we’re speaking to Ron Jordan, Managing Director of Data Services at The Depository Trust and Clearing Corporation (DTCC) about current LEI uptake, the challenges institutions might face in using them, and what impact these regulatory changes will have.
