Cadis' Plane: Firms Stick to a Wait and See Approach Around LEI

stuart-plane-2

An informal poll carried out at one of Cadis's client advisory group meetings suggests that, despite ongoing efforts around the legal entity identifier (LEI) initiative, the perception among the firm's client base is that "a wait and see approach" around the upcoming LEI remains the best option, officials tell Inside Reference Data.

The poll carried out at the meeting, which involved representatives of more than 40 financial institutions, revealed that only one-third of participants are investig