LEI Renewal Now Mandatory in Canada – A Key Contrast with Australia’s Approach
Effective July 25, 2025, Legal Entity Identifiers (LEIs) must be active — not lapsed — for all OTC derivatives reporting in Canada. This decisive shift by the Canadian Securities Administrators (CSA) underscores the country's commitment to global data quality, transparency, and financial system integrity.
Swiss Business Registry Integration Marks Major Step Toward Global LEI Utility
In a significant step toward digital trust and global interoperability, the Global Legal Entity Identifier Foundation (GLEIF) and Switzerland’s Federal Statistical Office (FSO) have announced the integration of the Swiss Enterprise Identification Number (UID) directly into Legal Entity Identifier (LEI) records. This move introduces a one-click access feature linking LEIs to authoritative Swiss business registry entries, enhancing transparency, efficiency, and international visibility—particularly for SMEs.
LEI enhances KYC & AML
The Legal Entity Identifier (LEI) unlocks the benefits of enhanced entity identification by reducing systemic risk and increasing transparency in financial markets.
EU Commission propose new AML/CFT Regulations featuring the LEI System
The European Commission have announced a long-awaited AML Package and new regulatory body to govern its implementation and compliance. The Legal Entity Identifier is chosen as a trusted means to identify counterparties to transactions.
The European Commission have announced the long-awaited AML Package and new regulatory body to govern its implementation and compliance.
The package put forth aims to put in place a new watchdog called the EU AML Authority (AMLA) and draft a new single EU Rulebook for AML/CFT obligations.
A new EU regulatory watchdog has been proposed in order to ensure the private sector correctly and consistently applies EU AML rules.
