ISLA logo

LEI of the Issuer (Collateral)

LEI of the Issuer (Collateral)

Field 2.93 | Matching Date: 2020-04-01 | Tolerance: None | Agent Lender Data Provision: Yes>

Status: Best Practice Finalised, Last Updated: 26/04/2021

Field 2.93 | Matching Date: 2020-04-01 | Tolerance: None | Agent Lender Data Provision: Yes

LEI of the issuer of the security used as collateral.

Best Practice:
See ESMA LEI Statement published on 13 April 2021.

See also FCA April 2021 SFTR news from 6 April 2021.

Both authorities have extended the forbearance period for the reporting of third country issuer LEIs for UK and EU SFTR respectively until:

FCA: "April 13th 2022, at the earliest."
ESMA: "October 11th 2022, at the latest."

When the forbearance period comes to an end, and where no Issuer LEI is available, each firm would then decide whether to:
a) Leave the field blank, causing a validation error (NACK)
b) Provide an alternate Issuer LEI (e.g. GLEIF LEI, main exchange)

ISLA is continuing to work with industry participants, exchanges, vendors and numbering associations to improve LEI coverage globally.

Please see the ANNA ISIN UNIFORM GUIDELINES RELATING TO ISO 6166 (9th edition) which explains numbering association guidelines regarding Issuer LEI use in ISIN registration in chapter 9 'LEI & ISIN Linkage'.

When the LEI of an ETF is being reported, if the umbrella company of the ETF is the issuing entity then the LEI of the umbrella company should be reported in this field. (SFTR-113)


Creating your PDF, please wait.

PDF created successfully.

Sorry, your PDF could not be created at this time.


Already a member? Login to your account

Interested in becoming a member?

ISLA’s members span the breadth and depth of the securities lending industry, and there are many benefits of joining the Association’s network.

Become a member today