Items tagged with "lei"

XBRL US Supports BEA Proposal Requiring LEI for Entities That Have One on BE-180

XBRL US expressed support for a BEA rule proposal that would amend the data collected and the design of the mandatory BE-180 Benchmark Survey of Financial Services Transactions between U.S. Financial Services Providers and Foreign Persons. In particular, XBRL US supports the proposed plan to include a question to survey respondents to provide their 20-digit […more]


BEA Proposes Amendments to International Services Surveys Including Use of LEI

On February 25, 2020, the Bureau of Economic Analysis (BEA) proposed a number of amendments to the mandatory BE-180 Benchmark Survey of Financial Services Transactions between U.S. Financial Services Providers and Foreign Persons. This survey will apply to the 2019 fiscal reporting year. This mandatory benchmark survey, conducted under the authority of the International Investment […more]


XBRL US Comments on LEI Eligibility for Government Entities

XBRL US submitted a comment letter to the Regulatory Oversight Committee (ROC) in response to a Consultative Document on LEI Eligibility for General Government Entities. Our comment letter made the following points: Collecting government financial data in U.S. markets, in an efficient, automatable fashion is becoming a more likely scenario, given recent initiatives driving greater […more]


LEI Eligibility for Government Entities – Comment Sought by ROC LEI

The Regulatory Oversight Committee (ROC) for the legal entity identifier (LEI) is seeking comments on its consultative document on LEI Eligibility for General Government Entities. The ROC is an international standard setting body that provides oversight to the Global Legal Entity Identifier Foundation (GLIEF). The GLEIF sought guidance from the ROC about the use of […more]


SEC Rule Proposal Modernization of Reg S-K, Items 101, 103 & 105

On August 8, the Securities and Exchange Commission published a rule proposal, Modernization of Regulation S-K, Items 101, 103 and 105. Item 101 covers general development of business and narrative description of business; Item 103 covers legal proceedings; and Item 105 cover risk factors. The objective of the proposal is to modernize the description of […more]


SEC Chief Economist S.P. Kothari Speech on Big Data

S.P. Kothari, Chief Economist and Director, Division of Economic and Risk Analysis, at the Securities and Exchange Commission gave a speech on July 13 at the National Bureau of Economic Research (NBER) conference on big data and high-performance computing, where he referenced the value of structured data and the Legal Entity Identifier. Highlights from his […more]


XBRL US Comments on Financial Stability Board Thematic Peer Review on the LEI

XBRL US submitted a comment letter to the Financial Stability Board, in response to their Thematic Peer Review on Implementation of the Legal Entity Identifier (LEI). Feedback from stakeholders was invited to gauge awareness and implementation, as well as challenges and impediments to adoption of the LEI around the world. According to the Global LEI […more]


What’s in your corporate family tree?

Michelle Savage, Vice President, Communication, XBRL US

Learning about your own background — the good, the bad, and the ugly — can be interesting. But for investors and for companies doing business with other corporate partners, understanding the “ancestry” of the companies in which they invest or do business, can be critical.