Why Standards Matter

Renewed focus on the creation of an international business entity identifier (IBEI) has put the International Organization for Standardization (ISO) debate back in the spotlight. Market participants have worked on creating an IBEI for a decade and the disappointment was huge when the proposed identifier was stalled by the ISO last year. In recent months, there has been significant interest in finding alternative solutions to the problem, and Swift is currently reviewing the business case for

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Removal of Chevron spells t-r-o-u-b-l-e for the C-A-T

Citadel Securities and the American Securities Association are suing the SEC to limit the Consolidated Audit Trail, and their case may be aided by the removal of a key piece of the agency’s legislative power earlier this year.

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