This document summarizes a webinar on managing entity data for compliance with MiFID II regulations. The webinar discusses readiness for LEI requirements, challenges in obtaining and renewing LEIs, approaches to compliance, and technology solutions. Panel members from HSBC, JPMorgan, and Thomson Reuters provide their expertise on implementing LEIs and lessons from prior regulations. The webinar moderator is from A-Team Group and addresses topics such as the scope of LEI requirements and benefits beyond compliance.

1. DataManagementReview.comSeptember 19, 2017
FROM
Welcome to A-Team Group’s webinar
Managing Entity Data for MiFID II
Compliance: No LEI, No Trade

2. DataManagementReview.comSeptember 19, 2017
FROM
Join the
Data Management Review Online Community
Data Management Review is your single destination for knowledge and resources covering data management
approaches, trends and challenges as well as all the regulations impacting financial data management for the
enterprise.
Join our 15,000 other members - it’s entirely free to join!
Sign up at http://bit.ly/signupforDMR
Membership entitles you to free access to expert unbiased commentary.
We deliver:
 Regular weekly updates on the latest news and views
 Blogs and commentary
 White papers
 Surveys and research
 Data management handbooks
 Events
 Webinars
 Awards

3. DataManagementReview.comSeptember 19, 2017
FROM
Moderator:
Sarah Underwood, Editor, A-Team Group

4. DataManagementReview.comSeptember 19, 2017
FROM
Panel Member: Chris Johnson, Senior Product Manager,
Market Data, HSBC Securities Services
Areas of Expertise:
• A focus on new regulatory data for the past
five years
• Spoken at industry events on the subject of the
Legal Entity Identifier (LEI)
• Analysed data requirements to support reporting
for European regulations affecting the buy-side,
such as EMIR, Solvency II and MiFID II/MiFIR

5. DataManagementReview.comSeptember 19, 2017
FROM
Panel Member: Robin Doyle, Managing Director,
Office of Regulatory Affairs, J.P. Morgan
Areas of Expertise:
• Industry lead on LEI development and
implementation since 2010
• On GLEIF Board of Directors since 2014
• Responsible for regulatory reference data and
reporting standardisation efforts within the
J.P. Morgan Office of Regulatory Affairs

6. DataManagementReview.comSeptember 19, 2017
FROM
Panel Member: Mark Davies, Global Head of Data
Services, Risk Managed Services, Thomson Reuters
Areas of Expertise:
• A supporter of the LEI from its inception as a
member of the SIFMA/GFMA industry advisory group
and subsequently a representative at the FSB
meetings where the regulatory community and
Industry designed the model for a global identifier
• At DTCC, helped to build out the first Local
Operating Unit (LOU) – the CICI Utility that is now
the GMEI Utility
• At Thomson Reuters, Mark retains a close interest in
the expansion and success of the LEI project

7. DataManagementReview.comSeptember 19, 2017
FROM
Readiness to meet Legal Entity Identity (LEI) requirements of MiFID II
Counterparty understanding of the imperative to have a valid LEI
Market disruption resulting from firms failing to obtain identifiers
Challenges of sourcing, implementing and renewing LEIs
Approaches to compliance with LEI requirements of MiFID II
Extent of the requirement and potential global impact of the LEI
Technology solutions available to support MiFID II LEI requirements
Advice for data practitioners working on entity data for MiFID II
Talking Points

8. DataManagementReview.comSeptember 19, 2017
FROM
Readiness to meet the client and counterparty
identification requirements of MiFID II
What proportion of your organisation’s universe of ‘entities of interest’
covered by LEIs?
Source: A-Team survey for white paper ‘Meeting Client and Counterparty Identifier Requirements Under MiFID II’, sponsored by Thomson Reuters

9. DataManagementReview.comSeptember 19, 2017
FROM
Counterparty understanding of the No LEI: No Trade
regime under MiFID II

10. DataManagementReview.comSeptember 19, 2017
FROM
Enforcement of No LEI, No Trade after the MiFID II
deadline and the potential for market disruption
How concerned are you about the potential for a lack of LEI preparedness
to cause market disruption on or after the go-live date?
Source: A-Team survey for white paper ‘Meeting Client and Counterparty Identifier Requirements Under MiFID II’, sponsored by Thomson Reuters

11. DataManagementReview.comSeptember 19, 2017
FROM
Challenges of sourcing and implementing
LEIs within the scope of MiFID II?
• LEIs issued:
566,596
• Number of
LOUs: 30
• Level 1 Data:
Who is who
• Level 2 Data:
Who owns who

12. DataManagementReview.comSeptember 19, 2017
FROM
How to comply with the MiFID II LEI requirement
Confirm which of
those entities has a
valid LEI today
Point them to local
operating units (LOU)
issuing LEIs
Ongoing: Ensure new
in-scope entities
have an LEI
Cross-reference LEIs
to internal list and
maintain
Link LEI to internal
reporting data
Feed LEIs into MiFID II
transaction reporting
Identify in-scope
MiFID II entity list –
clients & issuers
Explain requirement
to firms without LEIs
– No LEI, No Trade
Ongoing: Ensure
each client LEI is
recertified annually

13. DataManagementReview.comSeptember 19, 2017
FROM
The LEI renewal process and how financial
institutions can ensure they get it right
Has your organisation established processes to ensure ongoing compliance
in the client/counterparty identification space?
Source: A-Team survey for white paper ‘Meeting Client and Counterparty Identifier Requirements Under MiFID II’, sponsored by Thomson Reuters

14. DataManagementReview.comSeptember 19, 2017
FROM
Approaches to implementing the LEI
What has been your organisation’s approach to entity data to achieve
compliance with MiFID II requirements?
Source: A-Team survey for white paper ‘Meeting Client and Counterparty Identifier Requirements Under MiFID II’, sponsored by Thomson Reuters

15. DataManagementReview.comSeptember 19, 2017
FROM
Geographic scope of the LEI and its
potential global impact

16. DataManagementReview.comSeptember 19, 2017
FROM
Technology solutions to support compliance
with the LEI requirements of MiFID II

17. DataManagementReview.comSeptember 19, 2017
FROM
What have we learnt from early regulations
requiring the LEI, particularly EMIR?

18. DataManagementReview.comSeptember 19, 2017
FROM
Benefits of implementing the LEI beyond
compliance with MiFID II
• More consistent entity data
• Operational efficiences
• Improved risk management
• Better customer service
• New business opportunities

19. DataManagementReview.comSeptember 19, 2017
FROM
Advice for data management practitioners working
on the entity identification requirements of MiFID II?

20. DataManagementReview.comSeptember 19, 2017
FROM
Thank you to our sponsor
Contact:
rmsclientsolutions@tr.com

21. DataManagementReview.comSeptember 19, 2017
FROM
Upcoming A-Team Group Events
Visit DataManagementReview.com/events
October 5th – RegTech Summit for Capital Markets, London
November 16th – RegTech Summit for Capital Markets, New York City

22. DataManagementReview.comSeptember 19, 2017
FROM
Upcoming A-Team Group Webinars
Visit webinar section of
Datamanagementreview.com
September 28th – Pre- & post-trade transparency: quote and trading
reporting under MiFID II
October 10th – Managing data, research and trading challenges in the
countdown to MiFID II
October 19th – Tackling data management pain points in the run up
to MiFID II

23. DataManagementReview.comSeptember 19, 2017
FROM
A-Team Group Handbook Series
Visit the handbooks section of
Datamanagementreview.com

24. DataManagementReview.comSeptember 19, 2017
FROM
Join the
Data Management Review Online Community
Data Management Review is your single destination for knowledge and resources covering data management
approaches, trends and challenges as well as all the regulations impacting financial data management for the
enterprise.
Join our 15,000 other members - it’s entirely free to join!
Sign up at http://bit.ly/signupforDMR
Membership entitles you to free access to expert unbiased commentary.
We deliver:
 Regular weekly updates on the latest news and views
 Blogs and commentary
 White papers
 Surveys and research
 Data management handbooks
 Events
 Webinars
 Awards