Communiqué

MiFID II/MiFIR: Mandatory LEI for transaction reporting

Directive 2014/65/EU (MiFID II) and Regulation (EU) No 600/2014 (MiFIR) on markets in financial instruments and the transaction reporting regime set out under Article 26 of MiFIR will enter into force on 3 January 2018. In this context, and pursuant to the CSSF Communiqué dated 12 October 2017 regarding the mandatory use of Legal Entity Identifier (LEI) under MiFID II/MiFIR and EMIR and the relevant ESMA Statement attached thereto, the CSSF would like to remind credit institutions and investment firms that the use of an LEI is mandatory under MiFIR for the submission of transaction reports to the CSSF and for the execution of transactions on financial instruments on behalf of clients which are legal entities.