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 LEIs for identifying government entities in the Global Legal Entity Identifier System (GLEIS). In May 2018, the ROC established a working group to clarify: 1) the criteria determining LEI eligibility for government entities, especially those that do not have legal personality but have a kind of autonomy or responsibility, and 2) the relationship type, either direct or ultimate, for government entities.
Comments are due by Friday, December 6, 2019.
Read the consultative document.