CFTC Issues Amended Order Designating the Provider of LEIs to Be Used in Recordkeeping and Swap Data Reporting (Fed. Reg. Version)

The CFTC has issued an Amended Order expanding, through mutual acceptance by international regulators, the list of Legal Entity identifiers ("LEIs"), as defined in CFTC Rule 45.6 ("Legal Entity Identifiers"), that can be used by registered entities and swap counterparties in complying with CFTC's swap data reporting regulations. The Amended Order Revises the CFTC order of July 23, 2012, which directed all registered entities and swap counterparties to use LEIs in swap recordkeeping and swap data reporting provided by the DTCC-SWIFT. The CFTC is participating in an international process to establish a global LEI system. Regulatory oversight for this system is now provided by an International Regulatory Oversight Committee ("ROC"), which includes a private sector Central Operating Unit ("COU").

See: 78 FR 38954.See also: CFTC July 23, 2012 Order.