Ventura: Firms Not Losing Sight of Governance in LEI Preparation


As firms prepare for the upcoming legal entity identifier (LEI) implementation, greater attention to governance is being prioritized by many financial institutions.

Princeton, NJ-based Ed Ventura, president, Ventura Management Associates, says firms have taken a harder look at their governance practices to ensure the appropriate checks and balances are in place.

"Firms are looking to make certain their securities of interest are organized by archiving those that have expired and/or are no longer