The debate over implementation of the legal entity identifier (LEI) standard as set by the US Treasury's Office of Financial Research (OFR) heated up this past summer. After putting the LEI in place in July, the OFR followed this up in August by announcing the first phase of its implementation could begin in 2012 because enough progress had been made.
How the implementation of the LEI will be accomplished dominated the virtual roundtable discussion on pages 8-20 of the Inside Reference Data Regu
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails