Your weekly LEI roundup with highlights from the LEI ecosystem.
In this series, we aim to bring you the latest news from the LEI ecosystem, so you can start the week one step ahead.
Sign up to email notifications of these weekly briefings (and the monthly RapidLEI newsletter) here:
April Global LEI Data Quality Report
The GLEIF has published April’s “Global LEI Data Quality Report” which identifies the overall data quality within the Global LEI System. The report addresses, among others, topics like the LEI Total Data Quality Score for the reporting period and the progress achieved regarding the continuous optimization of the data quality within the Global LEI System, based on the LEI Total Data Quality Score.
GLEIF publishes April’s BIC-to-LEI Relationship File
The BIC-to-LEI relationship file is built upon a mapping process established by SWIFT and certified by GLEIF. An important step towards consolidating information since it eases the process of gathering, aggregating, and reconciling counterparty information based on interoperability across parallel ID platforms.
The latest published BIC-to-LEI relationship file can be found on GLEIF’s website.
Workiva Supports Reintroduction of The Financial Transparency Act in The U.S. House Of Representatives
On May 6th, Workiva announced its support of the reintroduction of the Financial Transparency Act (FTA), which proposes the creation of a framework that requires eight major U.S. financial regulatory agencies to adopt consistent data fields and formats, machine-readable data standards, and non-proprietary, legal entity identifiers for regulated entities, driving innovation and efficiency to the ecosystem.
Read the full article
More LEI news from around the web
- POGO: POGO Submits Comment on Creation of New Federal Beneficial Ownership Database.
- Fitech Futures: An era of digital trade.
- Data Coalition: Financial Transparency Act: Harnessing Untapped Benefits of Regulatory Data.
- ROC: Harmonization of critical OTC derivatives data elements (other than UTI and UPI).
GLEIF’s Business Relation Manager at Open Banking World Congress
GLEIF’s Business Relations Manager Burcu M. Tuncer is participating in the Open Banking World Congress on May 12th. Tuncer will take part in a panel debate titled “Creating an interoperable, inclusive open banking ecosystem: The transformative role of the Legal Entity Identifiers (LEIs)”.
Access the registration form
GLEIF representatives Ricco Dun, Karla McKenna and Christoph Schneider to participate in the 44th IACA Conference
On May 12th, Ricco Dun, Karla McKenna, and Christoph Schneider will speak on Digital Identity, Verified Credentials, and the Corporate Registry in this year’s Virtual IACA Conference. They will address topics such as how verifiable credentials are used so that corporate officers can prove they are authorized to represent a particular company.
Access the registration portal
Find out more about becoming a RapidLEI partner.