Information about Legal Entity Identifier (LEI)

29.09.2017

On 22 August 2017, Clearstream Banking1 informed customers in announcement D17044 that with the implementation of MiFID II requirements the “Legal Entity Identifier (LEI)” will become an essential attribute for regulatory reporting.

The target date to communicate the LEI for reporting purposes is 1 January 2018. In addition to this requirement, the LEI shall become a further optional matching criterion. For this, a change request has been introduced for the TARGET2-Securities (T2S) settlement platform.

Customers, who have not yet provided the “Legal Entity Identifier (LEI)” as static data for their account settings, are asked to send the identifier by 30 November 2017 to Clearstream Banking. Customers acting as issuer need to consider that the LEI that will be provided for the account master data will be in line with the LEI that shall be added to the static data for a new issue.

Customers can send the LEI by email to their Relationship Manager. To allow us a proper allocation of the identifier, the email should also include the legal address on file at Clearstream Banking or the CBF account master number. Customers can also send the same information via SWIFT MT599 to BIC “DAKVDEFFXXX”.

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1. This announcement is published by Clearstream Banking AG (CBF), registered office at Mergenthalerallee 61, 65760 Eschborn, Germany, registered with the Commercial Register of the District Court in Frankfurt am Main, Germany, under number HRB 7500.