Response to consultation on Draft Recommendation on the use of Legal Entity Identifier (LEI)

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Please, provide your feedback on the proposed timeline and the proposal of having less tight deadlines for banks not included in the EBA sample.

From the perspective of an pre-LOU, the twin timelines of the end of March 2014, and the end of December 2014, present no issues, since our Utility is already fully operational for issuing pre-LEI codes. The issuance process is scalable, and could cope with substantial increase in demand should this result from a new reporting requirement.

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