ESMA_QA_1672

Status: ✅ Answer Published

Link to ESMA Q&A tool: https://www.esma.europa.eu/publications-data/questions-answers/1672

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Regulatory Context

Regulation : MIFIR

Level 1 Regulation: Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- MDP

Level 2 Regulation: No information available

Level 3 Regulation: No information available

Topic: ESMA70-1861941480-56 Questions and Answers on MiFIR reporting

Subject Matter: LEI of the issuer

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Question

Submission Date: 20 December 2016

In the case where the issuer does not pay the annual fees for maintaining its LEI to the Local Operating Unit, what is the responsibility of operators of trading venues and systematic internalisers and what measures should be taken?

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ESMA Answer

Answer Date: 20-12-2016

[ESMA 70-1861941480-56 MiFIR data reporting Q&A, Q&A 2.4] While issuers of financial instruments should ensure that their LEI is renewed according to the terms of any of the accredited Local Operating Units of the Global Entity Identifier System, under Article 3(2) of RTS 23 operators of trading venues and systematic internalisers are not expected to ensure that the LEI pertaining to the issuer of the financial instrument has been renewed.

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This document was automatically extracted from the ESMA EMIR Q&A database.