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Paul Wallis's Blog – January 2013 Archive (1)

Why does finance need a Legal Entity Identifier?

During July we attended the Federal Reserve Bank of New York, for the formation and launch of the Financial Stability Board’s (FSB) Legal Entity Identifier (LEI) Private Sector Preparatory Group.

The group was created by the FSB in response to a call from the leaders of the G20 countries to proceed with development of a, “unique identification system for parties to financial transactions.” […

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Added by Paul Wallis on January 24, 2013 at 3:35 — No Comments

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