Bank of Canada - Applying LEI code - Canadian LEI
All counterparties to OTC derivative transactions defined under OSC Rule 91-507 must have an LEI

News – Bank of Canada

How do you report a parent-subsidiary relationship?

Since 1 May 2017 entities have been required to disclose direct and ultimate parent company relationships when they apply for a LEI (an Legal Entity Identifier) or when they renew their existing LEI code.¬†Any entity applying for, or renewing, an LEI is required to disclose certain information regarding their parent companies to the Local Operating […]

The importance of trust in Identity in the digital Age

As digital solutions become increasingly omnipresent, the importance of implementing mechanisms to establish trust in identity in the digital age increases too. Keeping our online identities safe is one side of the coin; keeping ourselves safe as we transact with faceless customers is the other. The complexity only increases when we consider the business transactions […]

The role of LEI adoption in economic growth

Just over a decade on, aftershocks from the 2008 global financial crisis are still being felt. It is becoming easier to imagine that the global economy has returned to normal – the European Union has experienced economic growth for seven consecutive years; the US stock market set a record in August 2018 for the longest-running […]