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.