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Financial Markets Committee

Legal Entity Identifier (LEI)

In April 2017, the Financial Markets Committee (FMC) together with the Bank has commenced on initiatives to strengthen the financial market infrastructure, particularly on enhancing information reporting and settlement infrastructure for great transparency and to facilitate surveillance in the onshore financial market. This includes adopting the Legal Entity Identifier (LEI) as a unique identifier, in line with global practices and complements the implementation of segregated securities account structure in the large value payment system, Real-time Electronic Transfer of Funds and Securities System (RENTAS).