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LEI ROC

lei roc 1 10 March 2016 Collecting data on direct and ultimate parents of legal entities in the Global LEI System Phase 1 Executive Summary Following two rounds of consultation in May and September-October 2015, this document sets forth the policy design of a process for collecting data on direct and ultimate parents of legal entities , to be implemented within the Global Legal Entity Identifier System (GLEIS). The main features of the proposal are: An incremental approach: this document identifies the priority features that should be part of the first phase of this data collection, with the objective of starting implementation around the end of 2016. Adding data on parent entities was envisaged in the 2012 FSB recommendations on the LEI and would augment the usefulness and attraction of the system for users. At the same time, the system is still at an early stage of development, with 420,000 entities worldwide having acquired an LEI.

LEI ROC 1 10 March 2016 Collecting data on direct and ultimate parents of legal entities in the Global LEI System – Phase 1 Executive Summary Following two rounds of consultation in May and September-October 2015, this document sets

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