Join Us on 16 November 2017 for the GLEIF Webinar ‘Creating Business Value with the LEI’
On 16 November 2017, 15:00 to 15:45 CET, GLEIF will host a webinar covering the following topics: We will take the opportunity to remind market participants that it is high time to obtain an LEI in readiness of the forthcoming European Union (EU) revised Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR), which take effect on 3 January 2018. In cases of further procrastination, the issuance of LEIs before the MiFID II / MiFIR deadline cannot be guaranteed. We will offer insight on how we continuously increase the information available within the LEI data pool, achieve data quality and make it ever easier for data users to access information. In addition, we will summarize the main findings of new research into LEIs carried out by McKinsey & Company and GLEIF, which examines potential use cases of the LEI in the process of streamlining legal entity identification. The resulting white paper identifies that the financial services industry can benefit from savings, efficiencies and greater reliability in entity verification, worth a combined annual value of $650m.