Improve the Integrity of Your LEI Data
When MiFID II goes into effect in January 2018, all counterparties to covered EU derivatives transactions will be required to maintain Legal Entity Identifiers (LEIs). In other words: No LEI – No Trade.
But even organizations that have LEIs face a daunting challenge: ensuring the accuracy and completeness of the LEI data. A number of factors make that notoriously hard to achieve.
If your organization isn’t prepared, you’re not alone – 90% of institutional investors in Europe are at risk of non-compliance.
But regulators show little sign of deferring the rollout of what the Financial Times calls the “biggest regulatory shake-up of European financial markets in a decade.”
So if you’re among the 90% of firms who can’t trust the accuracy and completeness of your LEI data, register to access the solution guide and attend our next webinar to learn how to improve the integrity of your LEI data.
Key Takeaways
- What the “biggest regulatory shake-up in a decade” means for you
- How your peers are preparing for MiFID II compliance
- Why to date, few financial firms have been able to confidently rely on the accuracy of LEI data
- How you can improve your LEI data integrity, lower cost and reduce risk