ISO 17442 Wins Industry Support as LEI Standard


The Global Financial Management Association (GFMA), a federation of global financial services trade associations, recommended the ISO 17442 standard for the Legal Entity Identifier (LEI) last month.

A draft of ISO 17442 is expected to be published as an ISO International Standard by January 2012. The standard is being developed by the ISO Technical Committee for Financial Services (known as TC 68) and is currently in the Draft International Standard stage.

GFMA asserts that ISO 17442 is a basis

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