The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Regulatory Oversight Committee of the LEI Calls for Final Comments on Fund Relationships

Subscribe to our newsletter

The Regulatory Oversight Committee (ROC) of the Legal Entity Identifier (LEI) is calling for final comments on a second consultation document on fund relationships in the Global LEI System (GLEIS) by Monday January 14, 2019. The consultation follows an initial review of fund relationships towards the end of 2017 and is aimed at making sure the implementation of relationship data is consistent across the GLEIS and facilitating standardised collection of fund relationship information at a global level.

The issue of how fund relationships should be represented in the GLEIS has been an ongoing issue since the introduction of the LEI over five years ago. The second consultation document

details proposals for a limited update to the way fund relationships are recorded in the GLEIS and suggests the aims of consistent relationship data across the GLEIS and standardised collection of fund relationship data can be achieved by providing a definition for each fund relationship and better aligning the data structure with the structure for direct and ultimate accounting parent entities defined in a ROC report published in March 2016.

Responses to a questionnaire annexed to the second consultation document must be made by January 14, 2019 and will inform the final version of the policy framework for fund relationships that the ROC will approve for implementation by the Global LEI Foundation (GLEIF). Implementation will not take place before January 2020.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Sanctions – The new pre-trade challenge for the buy-side

Sanctions screening at the security level is a relatively recent requirement for the buy-side. It dives deeper than traditional KYC and AML screening and is immensely challenging as firms must monitor frequently changing sanctions lists, source up-to-date sanctions data and beneficial ownership data, and integrate these to screen growing lists of potentially sanctioned securities. As...

BLOG

Knowledge Graph Technology – A Game Changer for Data Management in Capital Markets

Early identification of use cases that provide a focal point for the implementation of knowledge graphs is essential to successful projects, according to a panel of experts speaking at a recent A-Team Group webinar. The webinar discussed the benefits and pitfalls of implementing knowledge graphs, including how to build, sustain and maintain them, use cases,...

EVENT

Data Management Summit New York City (Redirected)

Now in its 8th year, the Data Management Summit (DMS) in NYC explores the shift to the new world where data is redefining the operating model and firms are seeking to unlock value via data transformation projects for enterprise gain and competitive edge.

GUIDE

ESG Handbook 2021

A-Team Group’s ESG Handbook 2021 is a ‘must read’ for all capital markets participants, data vendors and solutions providers involved in Environmental, Social and Governance (ESG) investing and product development. It includes extensive coverage of all elements of ESG, from an initial definition and why ESG is important, to existing and emerging regulations, data challenges...