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Friday, August 27. 2021

FERC Approves New Identifier Requirements

The FERC has approved final modifications to its Data Collection for Analytics and Surveillance and Market-Based Rate Purposes proposal to collect further data from certain market-based sellers with ultimate upstream affiliates that have been given blanket authorization to procure the securities of those sellers or upstream affiliates of those sellers. The proposal includes certain updates to the data dictionary and XML schema that accompany the relational database introduced in Order No. 860.


The final adopted release asserts that an identifier be used but permits filers to select from one of the following three identifier types:

  • Company Identifier/CID of the Reportable Entity (required if available).
  • Legal Entity Identifier/LEI of the Reportable Entity (required if available and CID is not available).
  • FERC-generated ID/GID of the Reportable Entity (required if CID and LEI are not available).

The revisions go into effect 60 days following publication in the Federal Register. To view the final Adopted Revisions to Information Collection document, visit www.xbrl.us.


Sources:

FERC Adopts Identifier Requirement, Does Not Mandate Single Identifier (xbrl.us)

Posted by
The Novaworks Team
in FERC Filing Help, XBRL at 09:33
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