Blue Ribbon Panel to Review Financial Stability Efforts

allan-grody-2010

Financial InterGroup Advisers is setting up a blue ribbon panel of industry veterans to review activities linked to mitigating systemic risk in the financial industry, including the proposed legal entity identifiers, Inside Reference Data has learned.

Legal entity identification is one of many activities being looked into with a view to preventing a new financial crisis and ensuring financial stability, which is why it could be relevant to the panel.

Regulators have asked the industry to agree o