European Banking Authority backs Legal Entity Identifiers

In one the recent release the European Banking Authority (EBA) published a press release and consultation paper on a draft recommendation BTXtODVCQAALUawon the use of Legal Entity Identifiers (LEIs). The consultation remains open for comment until 28 November 2013.

The EBA has developed draft Implementing Technical Standards on Supervisory Reporting (ITS) pursuant to the Capital Requirements Regulation (CRR). The ITS address the reporting of: