FCA extend SFTR deadline for third country issuer LEIs
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FCA extend SFTR deadline for third country issuer LEIs 05 April 2022UK Reporter: Carmella Haswell
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The Financial Conduct Authority (FCA) has announced a six-month extension on the reporting of Legal Entity Identifiers (LEIs) of non-European Economic Area third-country issuers.
Firms will not need to report third-country LEIs under the UK Securities Financing Transactions Regulation (SFTR) until at least 13 October 2022.
The International Securities Lending Association has welcomed the extension of the forbearance period, which was due to expire on 13 April.
This period is now closely in line with the European Securities and Markets Authority’s (ESMA’s) EU SFTR deadline, which is due to end on 10 October.
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