As a general rule, you must report your client’s or counterparty’s Entity Information unless your situation falls under one of these exceptions and you meet respective conditions of that exemption as set out in this article. Currently there is one Entity Information relief available for firms to rely on, depending on the client or counterparty’s location.
The requirement for Entity Information uses a waterfall approach, if the first is not available, then use the next on the list, in the following order:
Relief 1
Relief 2
LEIs are issued by Local Operating Units accredited by the Global Legal Entity Identifier Foundation (GLEIF). A list of all Local Operating Units can be found on the GLEIF website.
Please feel free to contact us if you have any questions about Entity Information requirements.