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New version applies from 10/02/2017 — introduced by Commission Implementing Regulation (EU) 2017/105. 5 provisions change. Later versions: 01/11/2017, 11/04/2019. Article 3 changes in this version: compare with the current text.

Article 3 - Identification of counterparties and other entities

Article 3
Identification of counterparties and other entities

1. A report shall use a legal entity identifier to identify:

((a))

a beneficiary which is a legal person;

((b))

a broking entity;

((c))

a CCP;

((d))

a clearing member which is a legal person;

((e))

a counterparty which is a legal entity;

((f))

a submitting entity.

2. Where a legal entity identifier is not available, the report shall include an interim entity identifier as defined at the Union level which is:

((a))

unique;

((b))

neutral;

((c))

reliable;

((d))

open source;

((e))

scalable;

((f))

accessible;

((g))

available at a reasonable cost basis;

((h))

subject to an appropriate governance framework.

3. Where neither a legal entity identifier nor an interim entity identifier is available, a report shall use a Business Identifier Code in accordance with ISO 9362 where available.

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