A Standards Battle Is Joined
Last month, I wrote that Inside Reference Data readers were anticipating the issuance of legal entity identifier (LEI) standards, which has come to pass, along with an industry reaction of the Global Financial Markets Association (GFMA) favoring Swift and DTCC/Avox to administer the standard. This answered some of the questions asked here in July, making it likely that the two organizations would indeed be caretakers of LEI.
These answers set the stage for service providers, who are beginning
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