The LEI Of The Land

Strapline: Regulation & Standards


With every passing month, the project to establish a global legal entity identifier (LEI) is gaining pace. In October, Inside Reference Data reported that the Group of 20 Finance Ministers and Central Bank Governors (G-20) had expressed its support for the project in a communiqué at its meeting in Paris. In November, the G-20 went further in its final declaration at its summit in Cannes, which stated: "We support the creation of a global LEI which uniquely identifies parties to financial transac