APFIC Panelists: LEI Registrations Must Move Faster in the Next Year

There are about 470,000 LEI registrations so far, with only about 15,000 in Asia

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"There is a lot of takeup of the LEI needed for firms that want to be sure of being able to continue their investment activity in European markets," Johnson said. There are now 15,000 LEIs─the 20-digit alphanumeric unique code used to identify legal entities─registrations in Asia, compared with some 470,000 registrations globally, accounting for only about 3 percent of total registrations.

"To put that in perspective, approximately half of the world's population is in Asia," Johnson said. It is

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