Financial Regulations

/Financial Regulations

Enforcement Actions for U.S. Sanctions Violations Offer Lessons for Compliance – a new Alacra Compliance Primer

Barbara Keller, CAMS, CFCS, and former Deputy Associate Director for Compliance and Enforcement for FinCEN, has written a new Alacra Compliance Primer which details the evolution of several of the most significant cases of U.S. sanctions violation cases, some of which also included penalties for AML violations. Recent actions have been taken primarily against foreign banks […]

Alacra Compliance Primer – Enforcement Actions for U.S. Sanctions Violations Offer Lessons for Compliance

Barbara Keller, CAMS, CFCS, and former Deputy Associate Director for Compliance and Enforcement for FinCEN, has written a new Alacra Compliance Primer which details the evolution of several of the most significant cases of U.S. sanctions violation cases, some of which also included penalties for AML violations. Recent actions have been taken primarily against foreign […]

More LEI Fun Facts

Wimbledon The All England Lawn Tennis Club (Championships) Limited has an LEI.


ALBERGHIERA SOLE S.R.L. IL REGISTRO IMPRESE NON GARANTISCE LA CORRISPONDENZA DEGLI ASSETTI PROPRIETARI CON LA REALE COMPAGINE SOCIALE, POICHE’ LA SOCIETA’ NON HA PROVVEDUTO ALL’AGGIORNAMENTO […]

By |June 3rd, 2014|Alacra, Financial Regulations, Legal Entity Identifiers, Posts|

Alacra Compliance Primer – Robust Onboarding is Key to Customer Classification Compliance Under MiFID, FATCA and EMIR

As the push for transparency continues to evolve under MiFID, FATCA and EMIR, robust onboarding practices that comprehensively capture key attributes of each client, owner and counterparty will be needed to meet reporting requirements for customer classification. These regulatory schemes nudge existing AML/KYC systems into the realm of tracking client sophistication and understanding the purposes […]

Waning Interest in Legal Entity Identification?

I would have thought with all the webinars, conferences, regulatory discussions and new reporting mandates the interest in LEI and legal entity identification in general would be increasing.  Not according to Google Trends.

Legal Entity Identifier interest over time:

LEI Interest over time

Cross-Referencing Entity Data for a Client-Centric View of the Enterprise

An Industry Briefing Prepared by Reference Data Review:

This paper looks at the regulatory and business challenges facing firms as they struggle to institute a client-centric view of their data, and explores how cross-referencing data sources can help them achieve their entity data management goals.” Download White Paper

Inside the LEI – Part III

Over 270,000 entities have been assigned an LEI yet the Central Operating Unit, the body that is supposed to provide guidance to the LOUs still does not exist. So the universe of entities that have LEIs is a mish-mash of US and European funds and other businesses that have little rhyme or reason.  This edition […]

A-Team’s Data Management Summit

On Tuesday, at the A-Team’s Data Management Summit, I was on a panel titled Beyond Dodd-Frank: Managing Entity Data with the Global LEI.  My co-panelists were Scott Preiss of CUSIP Global Services, Ron Jordan of DTCC and Mark Alvarez of Interactive Data Corporation.  Sarah Underwood of A-Team Group was the moderator.

Highlights of […]

Alacra Reference Data Alert – Inside the LEI – Issue III

LEI registration continues apace. There are currently over 260,000 entities that have been assigned an LEI and there are now 14 Local Operating Units or LOUs. This update contains information from 10 of the LOUs covering about 92% of the LEI universe… Download

Eggs, Bacon and Regulation

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Chris Skinner, Chairman, Financial Services Club

On Tuesday in London, Alacra and our content partner CounterpartyLink hosted a breakfast meeting called Eggs, Bacon and Regulation.  Chris Skinner, chairman of the Financial […]