?> Transaction Reporting - Complyport - Your Trusted Partner in Governance, Risk, Compliance & Technology https://complyport.com Compliance Leadership Thu, 26 Feb 2026 22:25:04 +0000 en-GB hourly 1 https://wordpress.org/?v=6.5.8 https://complyport.com/wp-content/uploads/2021/01/cropped-favicon-32x32.png Transaction Reporting - Complyport - Your Trusted Partner in Governance, Risk, Compliance & Technology https://complyport.com 32 32 Legal Entity Identifiers https://complyport.com/legal-entity-identifiers/?utm_source=rss&utm_medium=rss&utm_campaign=legal-entity-identifiers Tue, 14 Nov 2017 14:38:47 +0000 https://complyport.com/?p=11232 Of relevance to: Any firm subject to MiFID II transaction reporting obligations Key date: LEIs must be in place by 3 January 2018 From 3 January 2018, any firm subject […]

The post Legal Entity Identifiers first appeared on Complyport - Your Trusted Partner in Governance, Risk, Compliance & Technology .

]]>
Of relevance to: Any firm subject to MiFID II transaction reporting obligations
Key date: LEIs must be in place by 3 January 2018

From 3 January 2018, any firm subject to MiFID II transaction reporting obligations will not be able to execute a trade on behalf of a client who is eligible for a Legal Entity Identifier (“LEI”) and does not have one.

This will include any client that is a company, charity or trust eligible for an LEI.

An LEI is a unique identifier for persons that are legal entities or structures including companies, charities and trusts. The obligation for legal entities or structures to obtain an LEI was endorsed by the G20 (the leaders of the 20 largest economies). Further information on LEIs, including answers to frequently asked questions, can be found on the Legal Entity Identifier Regulatory Oversight Committee (LEIROC) and Global Legal Entity Identifier Foundation (GLEIF) websites.

An LEI is a code unique to that legal entity or structure. When an LEI code is allocated to you, the code is included in a global data system. This enables every legal entity or structure that is a party to a relevant financial transaction to be identified in any jurisdiction.

The post Legal Entity Identifiers first appeared on Complyport - Your Trusted Partner in Governance, Risk, Compliance & Technology .

]]> Transaction Reporting https://complyport.com/transaction-reporting-5/?utm_source=rss&utm_medium=rss&utm_campaign=transaction-reporting-5 Wed, 25 Feb 2015 00:00:00 +0000 https://complyport.com/transaction-reporting-5/ The FCA has updated the Transaction Reporting User Pack (TRUP), the previous version (v 3) was release in March 2012 – see Regulatory Roundup 39. It’s not so much an […]

The post Transaction Reporting first appeared on Complyport - Your Trusted Partner in Governance, Risk, Compliance & Technology .

]]> The FCA has updated the Transaction Reporting User Pack (TRUP), the previous version (v 3) was release in March 2012 – see Regulatory Roundup 39. It’s not so much an overhaul of what has been previously stated but is rather a clarification exercise.

The majority of changes fall within Chapter 7 (guidelines for reporting fields).

It takes immediate effect except for sections 7.5, 7.18.2 & 9.1 which will be effective from 6 August 2015.

The links provided include the marked-up changes making it easier to see what has, and hasn’t, been changed.

The post Transaction Reporting first appeared on Complyport - Your Trusted Partner in Governance, Risk, Compliance & Technology .

]]>