GLEIF CEO Addresses Concern About Muni Bond Registration

Savings and efficiency rather than regulatory mandates will promote identifier adoption, Wolf says

stephan wolf GLEIF
Stephan Wolf, CEO, Global Legal Entity Identifier Foundation

A debate has emerged over what will be needed to get the municipal bond and underwriting units of firms to apply for legal entity identifiers (LEIs).

During a discussion on LEIs at the North American Financial Information Summit (NAFIS) in New York on May 18, Scott Preiss, managing director and global head of CUSIP Global Services, said a regulatory mandate would be necessary.

But Stephan Wolf, CEO of the Global LEI Foundation (GLEIF), which oversees the issue of LEIs, says the "tangible

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