Maintaining Your Legal Entity Identifier (LEI) Just Got More Invasive

Insights Maintaining Your Legal Entity Identifier (LEI) Just Got More Invasive Robin Powers · Maintaining Your Legal Entity Identifier (LEI) Just Got More Invasive James Ballard · July 17, 2017

Global Market Entity Identifier Utility (GMEI), an LEI issuer, is now requesting information relating to the parents of its registered entities.  The past information collected on an LEI entity, which consisted of self-identifying information, is known as “Level 1 Data.”  The additional information now being requested is known as “Level 2 Data.” Learn more here.

Robin Powers focuses on financial transactions entered into by hedge funds and other financial institutions, with an emphasis on derivatives, prime brokerage and securities lending agreements.  Prior to Rimon, Ms. Powers was an attorney at Sutherland Asbill & Brennan.
Ms. Powers has extensive experience negotiating and documenting International Swaps and Derivatives Association (ISDA) master agreements, master repurchase agreements, collateral and other credit support documents, prime brokerage agreements, and securities lending agreements. She assists clients in their various transactional activities including documentation of structured transactions, credit default swaps, equity derivative transactions, interest rate swaps, asset swaps, total return swaps and currency transactions. She has also developed master confirmations for various derivative products.

James Ballard assists with corporate compliance, transactional and securities regulatory matters, which include due diligence, document preparation and legal research.  Mr. Ballard has worked in the business law and securities compliance fields since 2005, and includes over six years with Westlaw Business as a Business Law Researcher and Staff Analyst.