Industry Welcomes G20 Statement on Support for LEI

Mark Davies
Mark Davies, head of reference data, RBS Global Finance Services

Industry participants welcomed the expression of support for the legal entity identifier (LEI) from the Group of Twenty Finance Ministers and Central Bank Governors (G20) this weekend, despite some disappointment that the statement did not go further.

“We underscored our support for a global legal entity identifier system which uniquely identifies parties to financial transactions with an appropriate governance structure representing public interest,” the G20 finance ministers and central banker

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