Recent Regulator Scrutiny on Unpaired EMIR Transactions
![](https://tractionfintech.com/wp-content/uploads/2023/02/TRAction-Social-Media-Images-1-1-1024x535.png)
We have recently seen regulators making enquiries to investment firms about pairing and matching discrepancies that have been identified in their reporting.
Use of LEIs Mandatory from October 2024 – use of AVID or BIC as an entity identifier will no longer be possible
![](https://tractionfintech.com/wp-content/uploads/2023/02/TRAction-Social-Media-Images-1-3-1024x535.png)
From 21 October 2024, only LEIs can be used in ASIC’s derivative reporting. The final version of the rules have been released and require that a Legal Entity Identifier (LEI) is the only allowable entity identifier for all eligible relevant entities.