UPDATE 1-US Federal Election Commission gives Trump 45 more days to file personal financial disclosures

(Adds details on Trump's request for an extension)

WASHINGTON, May 8 (Reuters) - The U.S. Federal Election Commission on Wednesday granted Republican presidential candidate Donald Trump a 45-day extension to file personal financial disclosures.

Trump, who is facing significant court fines and legal fees while he campaigns ahead of the Nov. 5 presidential election, had been due to submit a report on his personal financial situation to the Federal Election Commission on May 15.

But a legal representative for Trump on Wednesday requested the agency grant the candidate an extension, citing "the complexities of his financial holdings," according to a copy of the letter released by the agency. A second letter released by the agency showed it had granted the request.

With the extension, Trump's financial disclosure "

should be received by the Federal Election Commission by July 1," Lisa Stevenson, a lawyer at the agency, said in the letter. (Reporting by Jason Lange; writing by Susan Heavey, editing by David Ljunggren and Chizu Nomiyama)