Industry Welcomes G-20 Support For LEI

Mark Davies

Industry participants have welcomed an expression of support for the legal entity identifier (LEI) from the Group of Twenty Finance Ministers and Central Bank Governors (G-20), but emphasized that action now needs to be taken to get the LEI enacted in regulations around the world.

“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 G-20

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