Identifying LEI Opportunities and Challenges

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The concept of the legal entity identifier (LEI) is simple enough: oblige entities to register for unique codes that make their identities clear when they take part in financial transactions. However, the implications of rolling out such an identification system across the world are complex. As familiarity with the LEI and its precursors increases, the opportunities and challenges it presents are gradually becoming apparent.

During a panel discussion about the LEI at the Tokyo Financial Informat