FSB Seeks Legal Advice On Establishment of LEI Foundation


The Basel-based Financial Stability Board (FSB) is asking legal experts to submit advice on the most appropriate jurisdiction in which to establish the operational arm of the legal entity identifier (LEI) system and the not-for-profit body which will be responsible for it.

The Central Operating Unit (COU) will be responsible for ensuring the application of uniform global operational standards and protocols throughout the global LEI system, which is intended to uniquely identify parties to financ

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