NSD Assigns First Pre-Legal Entity Identifier
OREANDA-NEWS. National Settlement Depository, Russia’s central securities depository, has assigned the first pre-Legal Entity Identifier (pre-LEI) to INFINITUM Asset Services. The assigned pre-LEI is 253400BR21A4E1D0V852.
INFINITUM A.S. is the first Russian company to have applied to NSD for pre-LEI assignment in order to meet the requirements of ISO 17442 - an international standard aimed at increased transparency in the international financial market. After the assignment of the pre-LEI, in future INFINITUM A.S. will be able to undertake financial transactions in the US and European markets where the code is becoming a mandatory requirement in financial reporting.
On 18 October, NSD launched the service of pre-LEI assignment to Russian legal entities. Any Russian company may apply for the code.
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