GLEIF to Implement New Policies, File Formats in Global LEI System

Users must plan to implement the updated file formats to ensure uninterrupted access to LEI data beyond 31 March 2022, GLEIF said.

GLEIF (Global Legal Entity Identifier Foundation) has announced it will implement the following LEI Regulatory Oversight Committee (ROC) policies in the Global LEI System from 31 March 2022.

  • Legal Entity Events: The policy specifies events which would update and/or change the entity or relationship data of a legal entity or result in the retirement and/or creation of LEIs.
  • Fund Relationships: The policy introduces three distinct relationship types that can be collected for Funds.
  • Government Entities: The policy will allow certain legal entities to be classified as Government Entities or International Organizations.

“Users must plan to implement the updated file formats to ensure uninterrupted access to LEI data beyond 31 March 2022,” GLEIF said. “This is applicable to all users of the GLEIF Concatenated Files, Golden Copy and Delta Files and those who access the content of the Golden Copy files via the GLEIF API.”

Legal entities will provide new information as required by the new policies at the time of LEI registration and renewal.

GLEIF said it will publish technical details and documentation related to the implementation in Q2 2021 to help users prepare – including the updated Common Data File Formats, State Transition and Validation Rules.

The ROC is a group of 69 public authorities with full GLEIF membership and 19 observers from more than 50 countries. It was established in January 2013 to coordinate and oversee the Global LEI System as a worldwide framework of legal entity identification.

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