About the ROC

The Regulatory Oversight Committee (ROC) is an international body that promotes the broad public interests to improve the quality of data used in financial data reporting, improving the ability to monitor financial risk, and lowering regulatory reporting costs through the harmonization of these standards across jurisdictions.

Mandate of the ROC

The primary objective of the ROC is to oversee the Global LEI System (GLEIS), the Unique Transaction Identifier (UTI), Unique Product Identifier (UPI) System, and the Critical Data Elements (CDE), in accordance with the High Level Principles set out in the ROC Charter. More specifically, the objectives for each of the identifiers are as follows:

With regard to the LEI, the objectives of the ROC are to ensure:

With regard to the UTI:

With regard to the UPI:

With regard to the CDE:

The Framework

The ROC's sole decision-making body is the ROC Plenary, comprising more than 65 financial markets regulators and other public authorities from more than 50 jurisdictions. The ROC's work is also taken forward by a regionally balanced Executive Committee, supported by two standing Committees and a Secretariat.