Utilisation obligatoire de l’identifiant d’entité juridique (LEI) en vertu de la directive MiFID II/règlement MiFIR et du règlement EMIR (uniquement en anglais)

With reference to the upcoming entry into force of Directive 2014/65/EU (MiFID II) and Regulation (EU) No 600/2014 (MiFIR), the European Securities and Market Authority (ESMA) released a statement providing information to the various entities required to use a Legal Entity Identifier (LEI).

In this context the CSSF would like to remind that, under the new EMIR reporting requirements¹, the LEI will be mandatory as of 1 November 2017 to identify the counterparty in a derivative transaction (i.e. reporting counterparty ID) and that, in order to accept the EMIR reports, trade repositories will check the LEI of the reporting counterparty with the GLEIF database.