MiFIR - No LEI, No Trade

12 Oct 2017
Date submitted
12 Oct 2017
Resource type
Best practice
File type
Web page Web page
The industry believes 250,000 LEIs could be outstanding therefore, putting an increasing pressure on a process which already is under a tight deadline. Doing the simple maths, it is evident that an immense number of LEIs are still required and firms should be acting now in order to ensure they have LEIs in time. The mantra from the FCA and ESMA is crystal clear; no LEI no trade.
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