About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Release of ISIN-to-LEI Relationship Files on GLEIF Website Meets Mixed Response

Subscribe to our newsletter

The release of mapping between International Securities Identification Numbers (ISINs) and Legal Entity Identifiers (LEIs) by the Association of National Numbering Agencies’ (ANNA) and the Global LEI Foundation (GLEIF) has received a positive industry response, but also raised questions about why a significant number of National Numbering Agencies within ANNA have not yet opted into the initiative.

The GLEIF initially talked about plans to map ISINs and BIC codes to LEIs to enhance their use back in April 2017. Swift and the GLEIF fulfilled their plans to deliver a BIC-to-LEI relationship file in early 2018. An ISIN-to-LEI relationship file was introduced late last week with the aim of improving transparency of exposure by linking the legal issuing entity to its issuance of securities, and addressing some of the regulatory requirements under the Prospective Directive, Central Securities Depositories Regulation (CSDR) and Securities Financing Transactions Regulation (SFTR).

ANNA and the GLEIF have been working on the technical development of mapping ISINs to corresponding LEIs over the past nine months, an exercise that has brought together two ISO standards – ISIN ISO 6166 and LEI ISO 17442 – and provides a consolidated view of ISIN-to-LEI links provided by National Numbering Agencies (NNAs) to the ANNA Service Bureau and on to the GLEIF. The published ISIN-to-LEI mapping is freely available to all on the GLEIF website.

Audience members of a webinar on data standards and global identifiers hosted by A-Team Group this week noted that ISIN-to-LEI mapping is a real value add for data management practitioners. They also questioned why only a limited number of NNAs are currently taking part in the initiative. According to ANNA and the GLEIF, 11 NNAs opted in from the start, with others expected to follow in coming months.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Best practices for creating an effective data quality control framework

Data quality is critical to capital markets processes from identifying counterparties to building customer relationships, regulatory reporting, and ultimately improving the bottom line. It can also be extremely difficult to achieve. One solution is a data quality control framework that includes an automated and systematic process that monitors the state of data quality and ensures...

BLOG

ESMA Goes Live with Pilot of DLT Regulatory Regime

The European Securities and Markets Authority’s (ESMA’s) pilot of a Digital Ledger Technology (DLT) regulatory regime, which includes the standard Digital Token Identifier (DRI), is up and running. The pilot will operate for six years, during which regulated investment firms, market operators and central securities depositories operating DLT market infrastructure will be able to apply...

EVENT

RegTech Summit APAC

Now in its 2nd year, the RegTech Summit APAC will bring together the regtech ecosystem to explore how capital markets in the APAC region can leverage technology to drive innovation, cut costs and support regulatory change. With more opportunities than ever before for RegTech to add value, now is the time to invest for the future. Join us to hear from leading RegTech practitioners and innovators who will share insights into how they are tackling the challenges of adopting and implementing regtech and how to advance your RegTech strategy.

GUIDE

Entity Data Management Handbook – Fifth Edition

Welcome to the fifth edition of A-Team Group’s Entity Data Management Handbook, sponsored for the fourth year running by entity data specialist Bureau van Dijk, a Moody’s Analytics Company. The past year has seen a crackdown on corporate responsibility for financial crime – with financial firms facing draconian fines for non-compliance and the very real...