(3)To ensure reliable and efficient identification, entities that submit information and the legal persons to which that information relate should be identified using the ISO 17442 Legal Entity Identifier (LEI), having regard to Article 7 and Section A of the Annex of Commission Delegated Regulation (EU) 2016/1437note, to Annex VII, rows 11, 12 and 13 of Table 1, and Table 2 of Commission Delegated Regulation (EU) 2019/979note, as well as to Article 5 of Commission Delegated Regulation (EU) 2017/590note. The LEI should correspond to the entity it is intended to relate to, comply with the ISO 17442 standard and be included in the Global Legal Entity Identifier database maintained by the Central Operating Unit appointed by the Regulatory Oversight Committee of the Global LEI Foundation.
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