EIOPA · 1325
1325
- Regulation
- (EU) No 2015/2450 - templates for the submission of information to the supervisory authorities
- Article
- 35
- Submitted
- 2017-09-15
- Answered
- 2019-10-08
Question
As of May 8th, GLEIF also provides so called Level 2 data on whom owns who.In the guidelines references are made to the LEI database for entity names; should the LEI database also be used to determine the relationships between entities?
And how should be dealt with the exceptions, if for example the data is not submitted due to legal obstacles or binding legal commitments?
Answer
The reporting of Issuer (group) and Counterparty (group) information should comply with the instructions of the respective templates as in Commission Implementing Regulation (EU) 2015/2450.
In these cases when available, both the entities name as well as the entities code should as a priority be the ones published in LEI database.
EIOPA will continue in future revisions to assess if and how the LEI databases could be further used in the reporting package.
This Q&A is published by European Insurance and Occupational Pensions Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.
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