FSB Announces LEI Implementation Group

The Financial Stability Board (FSB) has established an expert group to deliver global LEI (legal entity identifier) system implementation proposals by April, according to a statement from the board.

Following submission of these proposals, the FSB plans to review them and send them on to the G-20 for its planned June summit. The FSB's action took place in its meeting January 10 in Basel.

The international regulatory coordination organization also set up an OTC Derivatives Coordination Group to w

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