How will quality be assured in such a widespread “federated” model for governing the LEI?

Members of the public-private partnership that developed the FSB recommendations are acutely aware of the need for high-quality data. Thus, the LEI Implementation Group contains members with expertise in fields such as law, operations, and technology, to provide guidance on delivering an efficient and high-quality global LEI system. Also, private industry will provide valuable consultation on the development and operations of the COU. Finally, the COU will require all parties that implement the LEI to adhere to the LEI governing principles, including reliability and uniqueness, as well as quality standards set by the ROC.

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