Participants in the LEI Implementation Group (IG) were selected through nominations from FSB members and other public sector stakeholders. For…
The FSB’s recommendations outline a “federated” model for LEI implementation. Local Operating Units (LOU) will assign LEIs, and validate and…
The FSB’s recommendations do not select a solution. Rather, they set out a governance structure and process for developing and…
By providing a universal, unique, authoritative identifier for each entity in financial transactions, a global LEI will provide a valuable…
Members of the public-private partnership that developed the FSB recommendations are acutely aware of the need for high-quality data. Thus,…
As the global LEI becomes more widely used, we and many industry participants expect the LEI to decrease costs and…
To support use of the global LEI, the FSB’s recommendations allow for jurisdictions to serve as early adopters of a…
The OFR is committed to promoting widespread adoption of the global LEI and we expect that many government agencies across…
The G-20’s endorsement of the FSB’s recommendations to implement a global LEI, consistent with the specifications of the International Organization…
Following G-20 endorsement of the FSB’s recommendations in June 2012, the FSB established the LEI Implementation Group (IG) to move…