FCA extend SFTR deadline for third country issuer LEIs
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FCA extend SFTR deadline for third country issuer LEIs 05 April 2022UK Reporter: Carmella Haswell
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The Financial Conduct Authority (FCA) has announced a six-month extension on the reporting of Legal Entity Identifiers (LEIs) of non-European Economic Area third-country issuers.
Firms will not need to report third-country LEIs under the UK Íø±¬³Ô¹Ï Financing Transactions Regulation (SFTR) until at least 13 October 2022.
The International Íø±¬³Ô¹Ï Lending Association has welcomed the extension of the forbearance period, which was due to expire on 13 April.
This period is now closely in line with the European Íø±¬³Ô¹Ï and Markets Authority’s (ESMA’s) EU SFTR deadline, which is due to end on 10 October.
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