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SMSFs get reprieve for legal entity identifier compliance

Retrieved on: 2018-01-08 02:45:00

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<div>As reported by Professional Planner in December, SMSFs will require a unique number called a legal entity identifier (LEI) to meet new Markets in Financial Instruments Directive (<b>MiFID</b> II) requirements in Europe. Up to 30,000 Australian SMSFs must meet the new rules, but the European Securities and ...</div>

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