Question
How to report type of identification code in data field B_05.01.0020 when using codes other than LEI or EUID?
Background on the question
The fill-in instructions for field B_05.01.0020 in the ITS include 'Country Code’+Underscore+Type of Code’ as an option for non-LEI and non EUID code. The instructions for this data filed are not consistent with the instruction for other similar data filed, e.g. B_05.01.0040).
Answer
When reporting data field B_05.01.0020 financial entities should choose only the values from the closed set of options, without including the country code. One of the following values can be chosen: ‘LEI’ for LEI ‘EUID’ for EUID CRN for Corporate registration number VAT for VAT number PNR for Passport Number NIN for National Identity Number This is valid for all fields that make reference to B_05.01.0020. Only LEI or EUID can be used for legal persons, as identified in B_05.01.0070, whereas alternative code may be used only for an individual acting in a business capacity. Only LEI can be used for legal persons that are not established in the Union.