Risk: Esma dithers over mandatory LEIs for repo collateral

Repo and securities lending participants are currently living with a veiled threat issued by the European Union’s markets regulator. If carried out, the threat would prevent traders from using securities collateral issued by entities that do not have legal entity identifier (LEI) codes, from April 13 this year.

The full article is available at https://www.risk.net/regulation/7813386/esma-dithers-over-mandatory-leis-for-repo-collateral

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