Point Nine uses cookies to monitor the performance of this website and improve user experience.


View Privacy Policy for full details.

Point Nine Left Banner Point Nine Right Banner
Back All News & Events

ESMA issues a third statement on the implementation of LEI requirements for third-country issuers

2022-07-15 02:07:43

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, issues a third statement  on the implementation of Legal Entity Identifier (LEI) requirements for third-country issuers under the Securities Financing Transactions Regulation (SFTR) reporting regime.

ESMA announced that it will give market participants 6 months notice if there is a change in its position as per below:

“On 13 April 2021, ESMA updated its statement and extended the timeline for acceptance of SFT reports without the LEI of third-country issuers (that do not have an LEI) of securities which are lent, borrowed or provided as collateral in an SFT until 10 October 2022”

“ESMA will give advance notice of at least six months to market participants regarding its position on the reporting of LEI for third-country issuers ahead of the date of application of this requirement in the SFTR validation rules.”

    Disclaimer: The content of this website is for general information purposes only. No other use of the content is permitted without the prior written consent of Point Nine. The content of the information found on our website is not comprehensive and does not constitute legal, financial, trading or regulatory advice. Although the information provided through the website is obtained through reliable sources, cannot substitute a professional advice nor guarantee the accuracy, validity, timeliness or completeness of any information or data made available to you. Point Nine accepts no responsibility for any loss of whatsoever and howsoever arising which might occur from reliance by any person on the content of this website.