Glossary

Term Definition
AIFMD Alternative Investment Fund Managers Directive
ANNA Association of National Numbering Agency
APIR Code APIR® Product or Participant Identifier, or Superannuation Product Identification Number issued by APIR Systems Limited
APRA Australian Prudential Regulatory Authority
ASIC Australian Securities and Investments Commission
ASX Australian Securities Exchange
BCBS Basel Committee on Banking Supervision
BIC Code SWIFT identification standard for banks
CFTC U.S. Commodities and Futures Trading Commission
CICI CFTC Interim Compliant Identifier
CNRI Corporation for National Research Initiatives
COU Central Operating Unit
Counterparty Risk The risk to each party of a contract that the other party will not maintain contractual obligations and default
DFA Dodd-Frank Wall Street Reform and Consumer Protection Act. (Enacted on 21 July 2010)
ECRS EMEA Centre for Regulatory Strategy
EMIR European Market Infrastructure Regulation
ESMA European Securities and Markets Authority
Financial Intermediaries An entity that acts as the middleman between two parties in a financial transaction
Financial transaction An agreement, communication, or movement carried out between a buyer and a seller to exchange an asset for payment
FSB Financial Stability Board
G20 A mix of the world’s largest advanced and emerging economies, representing about two-thirds of the world’s population, 85 per cent of global gross domestic product and over 75 per cent of global trade. The current members of the G20 are Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, the United Kingdom, the United States and the European Union
GFC Global Financial Crisis
GLEIF Global Legal Entity Identifier Foundation
GLEIS Global Legal Entity Identifier System
High Level Principles Principles and commitments that specify and define the governance and structure of GLEIS
ISIN International Securities Identification Number
ISO International Organization for Standardization
ISO 17442 Specifies the elements of an unambiguous legal entity identifier (LEI) scheme to identify the legal entities relevant to any financial transaction
Legal entity Legal person or structure that is organized under the laws of any jurisdiction
LEI Legal Entity Identifier
Listed products Products which are listed for trading on stock exchanges
LOU Local Operating Unit
LOU Identifier LOU’s assigned prefix, first four characters of the 20-digit alphanumeric LEI code
Natural person A human being, naturally born, versus a legally generated juridical person
OFR Office of Financial Research
OTC Financial products and instruments (some securities, bonds) that are not traded on a registered exchange
PSPG Private Sector Preparatory Group is a group of interested parties from the private sector formed
ROC Regulatory Oversight Committee
ROC Executive Committee Steering committee of the ROC
ROC Plenary The decision making body of the GLEIS
Unique identifier An identifier which is separate and different to all other identifiers
Unlisted products Products which are not listed on stock exchanges

Last Updated: 21/09/2015