Darragh Hayes, director at LEI Worldwide recently sat down with reporter Natalie Turner of the Securities Lending Times.
In the Q&A style interview, Darragh discussed the state of LEI issuance across the EU ahead of the recent passing of SFTR (Securities Financing Transaction Regulation). They also covered the importance of the LEI to the 'transparency objective' of SFTR, and what the LEI requirement means specifically for market participants who have to apply before finishing on what steps might be taken by UK market participants in the case of a 'no deal' Brexit.
Facilitating the Universal allocation of LEI numbers.
LEI Worldwide facilitate entity identification in the global financial system, capital markets and private sector. We make the process accessible and simple for Legal Entities to obtain Legal Entity Identifier numbers. By doing this we help facilitate the global allocation of LEI numbers. It is our mission to be the one point of contact globally between Legal Entities & LOU’s and ensuring the LEI becomes the Worlds most important identifier.