In this edition of Inside the LEI we assess the penetration of the LEI among important financial market participants, such as regulated entities and subsidiaries of the largest banks. We also look at the continued growth and distribution of LEI issuance globally, and the latest statistics on lapse rates.
In the last quarter, the LOUs issued a little over 20,000 new LEIs, taking the total number of LEIs assigned to around 430,000. Issuance continues to be driven by a small number of LOUs, with over 85% of the new LEIs issued by only 4 LOUs.
Download Inside the LEI – Issue IX for more.
Join us May 17th for a discussion about the development in LEI (Legal Entity Identifier) issuance and renewal rates with Alacra’s Vice President of Reference Data Solutions, Alan Samuels.