The Global Legal Entity Identifier System: How Can It Deliver?†
AbstractWe examine the global legal entity identifier (LEI) system for the identification of participants in financial markets. Semi-structured interviews with data professionals revealed the many ways in which the LEI can improve both business process efficiency, and counterparty and credit risk management. Larger social benefits, including the monitoring of systemic financial risk, are achievable if it becomes the accepted universal standard for legal entity identification. Our interviews also review the substantial co-ordination and investment barriers to LEI adoption. To address these, a clear regulatory-led road map is needed for its future development, with widespread application in regulatory reporting. View Full-Text
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Chan, K.K.; Milne, A. The Global Legal Entity Identifier System: How Can It Deliver? J. Risk Financial Manag. 2019, 12, 39.
Chan KK, Milne A. The Global Legal Entity Identifier System: How Can It Deliver? Journal of Risk and Financial Management. 2019; 12(1):39.Chicago/Turabian Style
Chan, Ka K.; Milne, Alistair. 2019. "The Global Legal Entity Identifier System: How Can It Deliver?" J. Risk Financial Manag. 12, no. 1: 39.
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