CME Registration Requirement - Legal Entity Identifier (LEI) Requirements for Parties to OTC Trades for Use in SDR Reporting - Effective May 31, 2022

Under 17 CFR part 45 and part 43 regulations, swap trades (including CME-cleared OTC Interest Rate Swaps, OTC FX, and OTC Commodity Swaps) must be reported by CME Clearing to a Swap Data Repository using valid identifiers to refer to all parties to the trade. For Legal entities (as opposed to private individuals), this identifier must take the form of a Legal Entity Identifier (‘LEI’) that is verifiable in the Global Legal Entity Identifier Foundation (GLEIF) database at www.gleif.org. In order to comply with this requirement, effective Tuesday, May 31, 2022, CME will require that all business entities registering with CME for OTC account creation purposes provide a valid LEI to complete the registration process.

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