Other Counterparty

Field 1.11 | Matching Date: 2020-04-01 | Tolerance: None | Agent Lender Data Provision: Yes>

Status: Best Practice Finalised, Last Updated: 26/04/2021

Field 1.11 | Matching Date: 2020-04-01 | Tolerance: None | Agent Lender Data Provision: Yes

Description:
Unique code identifying the entity with which the reporting counterparty concluded the SFT. In case of a private individual a client code shall be used in a consistent manner.

Best Practice:
This field shall contain a valid LEI recognised by GLEIF. The LEI shall pertain to a legal entity and not a branch.

The LEI shall not pertain to a member of the European System of Central Banks (ESCB).

The status of the LEI for all message templates, except EROR, can be either:

• Issued

• Lapsed

• Pending Transfer

• Pending Archival

Additionally, for message template ETRM, the status of the LEI can also be:

• Retired

For action type EROR, this field shall contain an LEI included in the GLEIF database maintained by the Central Operating Unit, irrespective of the registration status of that LEI or up to 50 free-format, alphanumerical, characters. (SFTR-13)