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Legal Entity Identifier is preferred for financial-sector reporting, ESMA says

( February 3, 2025, 16:35 GMT | Official Statement) -- MLex Summary: The Legal Entity Identifier is the preferred one for reporting among the financial sector, according to the results of a survey on such identifiers, published today by the European Securities and Markets Authority. Gearing reporting systems of financial firms toward additional identifiers is very costly, and introducing new identifiers would increase operational complexity for firms, the results of the ESMA survey show.Press release follows. Document attached. ...

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