The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) are planning to introduce a new mandatory requirement to identify financial institutions by their Legal Entity Identifiers (LEI) in the trade activities for over-the-counter (OTC) derivatives. In a consultation paper, published Tuesday, the regulators have suggested that all entities contained in the transaction reports sent to the…
HK mulls mandatory use of Legal Entity Identifier in OTC derivative trades
Have a confidential tip? Get in touch [email protected]


