Notice
8 May 2025
sec, regulatory compliance, financial services, nscc, membership requirements, legal entity identifier
📊NSCC to Mandate Legal Entity Identifier for Membership Applications
The National Securities Clearing Corporation (NSCC) is proposing a rule change requiring all applicants and current members to obtain and maintain a Legal Entity Identifier (LEI). The objective is to enhance data quality and streamline operational processes, thereby improving risk management and compliance across its participant base.
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