|
Luxembourg’s central securities depository LuxCSD has been accredited by the Global Legal Entity Identifier Foundation (GLEIF) to become an official Local Operating Unit (LOU) for issuance of Global Legal Entity Identifiers (LEI). This accreditation underlines the suitability of LuxCSD to operate as an issuer within the global LEI system.
The use of LEIs ultimately aims at bolstering the safety of the financial system and the demand for LEIs plays a growing role in light of supranational regulations such as MiFID II, MiFIR and CSDR. Based on the principles established by the Regulatory Oversight Committee (ROC), GLEIF implements LEI standards and oversees the LOU activities for the issuance and management of LEIs and the publication of the Legal Entity Reference Data....
|