FSB Panel Considers LEI Eligibility Criteria

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The scope of eligibility for a legal entity identifier (LEI) and the ancillary data that might be added within the core of the LEI offering were discussed February 17 by members of the Industry Advisory Panel, which has been set up by the Financial Stability Board (FSB) to contribute to the development of the new identifier.

During the first meeting of a work stream dedicated to the scope of the LEI, members of the industry panel discussed which entities should be eligible for LEIs, focusing on

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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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