LEI Impact on Corp Actions May Have Been Over-Estimated, Claim Experts

hughstewart

Despite claims the upcoming legal entity identifier (LEI) may be able to involve issuers within corporate actions standardization debates, experts agree the LEI is expected to have very little impact, if any at all, on the corporate actions space.

While the LEI will ensure the corporate action is linked to the right entity,
challenges such as the increasing complexity of events and timeliness will remain untouched.

London-based Hugh Stewart, sales director at DClear Services, SmartStream

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