Q4-2023-Quarterly Business Report

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GlobalLEI

Sys
tem
Busines
sReport

Q42023
Gl
oba
lLE
ISy
stem Bus
ines
sRepor
t|S
umma
ry|Q42023|Page02

L
EIi
ssua
ncea
ndL
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rowt
hpot
en a
l:S
tat
eofpl
ay L
EIr
enewa
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tes I
nt hefourthquar
terof2023,ov
e r2.38mil
l
ionLEI
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s(prev
ious
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er:2.32mil
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on),re
presen ng99%oft het
otalL
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I
n2023,over240,000newL E
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eissue
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al,
repres
en nga n T
hea nnualr
enewalproces
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esthatbot
hlegale
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edinforma onondirecta
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99.9%oft hos
eL EI
a
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suedLEIorr
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I
a
ndGME I Ulit
yas erv
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sEnt yDat
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eastonceperyear
.TheGlobal
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temisuni
queinprovi
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nga bsol
ute i
nt hi
squar t
erre
portedparenti
nforma on.
t
ermi
natedtheiropera ons
. t
ranspar
encyreg
a r
dingwhenent ydatawasl
astver
ifie
d.
I
nt hereporngpe ri
od,thepe r
cent a
geoflegalen e srepornga
Atthee ndofthefourt
hquart
erof2023,thetot
alLEIpopul
a onwa s I
nthefourt
hqua r
terof2023,
theoveral
lrenewalr
a t
ewas56.
3%,whic
his dir
e c
tpa re
ntwithanLEIwa s5%. 4%oflega
l en e sreportedadirec
t
approxi
ma te
ly2.41mil
li
on.Over59,
000LE I
swereis
suedduringthi
s l
owerthantheprevi
ousquart
er(58.
3%).Attheendofthequa
rte
r,61.
2% parentthatdoesnothavea nLEI
. 87%ofleg
a len e sreportedno
quarte
r, c
ompa r
e dtoanesma te
d55,000intheprevi
ousqua r
ter.
This ofa
llL
EIswereingoodstandi
ng(pre
viousquart
er:61.
7%). dir
e c
tpa re
ntaccor
dingtothede finionus ed.4%oflega len e s’
repr
e s
entsaqua rt
erl
ygrowt
hrateof2.5%(prev
iousquarte
r:2.4%). rel
a ons hi
pinf
orma oni snon-
publ i
c,cr
ea ngobs t
acl
e sinrel
easi
ng
Therenewa lr
ateintheE Udroppedsl
ight
lyto62.2%(
previousquarte
r thi
sinforma on.Thepa e rni
salmos ti
denc alforulma t
epa r
ent
I
nt hefourt
hqua r
ter,I
ndiaha dt hehi
ghestqua r
terl
yL E
I g
rowthra t
ea t 63.2%).I
nnon-EUj uri
sdicons,i
tdecr
ea s
e dt
o46.7%(pr
e vi
ousqua r
ter: reporng ,whereasimil
arreporngt r
endwa sreport
edi ntheprevi
ous
thejuri
sdi
conl evel(
7.3%),followedbyIcel
a nd(6.
1%) ,SaudiArabi
a 49.8%).I
nthereporngpe ri
od,Hungar
y( 94.
5%)demonstr
a t
edt he quarter.
(5.
9%),Unite
dAr abEmirates(5.9%)andIndone si
a(5.3%).InI
ndia,Saudi highestr
enewa l
rates.Otherj
uri
sdi
consi nthetopfiveforrenewalrate
s
Arabia,
UnitedArabEmiratesa ndIndonesi
a,g r
owthwa spr i
ma r
il
ydriven areJapan(91.
8%),F i
nl
a nd(
84.6%),Ge
rma ny(79.
5%)andIndia(79.
4%). Upda
tesofCommonDa
taF
il
efor
mat
s
byregulat
oryrequi
reme nt
sa ndi nia ves.Theg r
owthi nIcel
andwa s
ma i
nlyduetoma rke
ta cv ie soflocalL
EIis
s uer
s. T
hefivejuri
sdi
conswit
hthehighestnon-
renewal
ratesi
ncl
udeChi
na I
nMa r
ch2022, theCommonDa t
aF i
l
e(CDF)formatswe reupda t
ed
(
87%),
SaudiAr
abi
a(83.
9%),
Beli
ze(73.9%)
,theRuss
ianFeder
a on basedont heRe g ul
a t
oryOv ersi
ghtCommie e(ROC)pol i
ci
e s
:
Compe oni
ntheGl
oba
lLE
ISy
stem (
68.
8%)andtheUni
tedSt
ates(
65.9%). •LegalEnt yE vents(f
orme rl
yrefer
redtoas“CorporateAcons ")and
DataHistoryint heGlobal LEISys
tem,
Thi
sr eportiden fie stheleas
ta ndmos tcompe v ema r
k e
tsa mongt hose L
evel
1ref
erenc
eda
tac
orr
obor
a on •Poli
cyonF undRe la onshipsandGuideli
nesfortheregist
ra onof
wit
hov er1,000L EI
s,basedont henumbe rofLE Ii
ssuersprovidingservi
ces I
nvestmentF undsi ntheGl obalLEISys
tem,
i
nt hejurisdi
con( t
hemos tcompe v ema rket
sa r
et hosewi ththemos t Thebus i
ne s
sc ardinforma ona va i
lablewi t
htheLE Irefer
encedata,suc
h •LEIEl
igibi
li
t yforGe neralGovernmentEn e sGui danceDocume nt
.
LEIiss
uerspe rjuri
sdiconwi ths i
milarmarketshare).
Inthef our t
hqua r
ter astheoffic i
alnameofal e galent ya nditsregi
st
ere daddress,i
sref
erred Fol
lowingthe s
eupda tes,GLEIFhascompil
e datransionpe r
iodrepor
t
of2023, China,theUni t
edS t
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es,theNe t
herl
ands,S l
oveniaa ndGr e
ec e t
oa s‘Level1’da ta
. I
tde fine s‘
whoi swho’ .TheLeve l1dataiscons
idered onthesene wl eg al
e nt ycategori
esandthefundr e
la ons hi
psreport
ed
weret hefiv eleastcompe v ema rkets,i
nde s
cendingor der.Thefiv e f
ullycorroboratedif,bas edont hev a
lida onprocedur esi
nus ebytheLEI thi
squa r
ter.
mos tcompe v e,al
soinde s
c endi
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,we reLuxembour g ,Bul
garia
, i
ssuer,thereissuffic ienti nforma onc ontai
nedina uthori
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Portugal
, HongKonga ndBe l
gium. sourcestocorrobor a
t ethei nforma onpr ovi
dedbyt helega
lent yfor Atthee ndoft hefourthquar t
erof2023, appr ox
ima t
ely6,000le g
al
t
her ecord.Ifthi
sisnott hec ase,orthel egale
nt yi snotrequir
edtofile en e swe reiden fieda sgovernme nte n e s(previ
ousqua rter:
withaloc a
lreg i
ster(e .
g. fundort rust),
thebus i
nessc ar
dinforma on 5,300),and38l egale
n e swe rerepor t
eda sinter
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avail
ablewitha nLE I
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assifie das‘ent y
-suppliedonly’
. organiza ons(previ
ousqua rter
:32).Appr oximatel
y131, 000legal
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rfundr ela onshipstructur
es(prev i
ousqua rt
er:
I
nthefourt
hqua r
terof2023,
theperc
ent
ageofful
lyc
orr
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atedL
eve
l1 128,000).Amongt hose,66.6%we refundsma nagedbyama in
r
efer
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nthee nreLEI
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eas
edto85.
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es ub-fundstoumbr ell
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(
prev
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vely
, or
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ly,i
nvestedinas ingl
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alotherfunds
S
ta sc
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renti
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ega
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nvestme ntstr
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egies.

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:
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ISy
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t|Q42023|Page03

Lev
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t|Q42023|Page08

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