Financial Stability Board (FSB)
Regulatory Reckoning
Basel III rules aren't being implemented quickly enough to meet January 2013 deadline, but what does that mean?
FSB Sets September Deadlines For LEI Proposals
FSB asking legal experts for advice on most appropriate jurisdiction in which to establish the Central Operating Unit
Mind The Transparency Gap
Transparency concerns, inherent in both the legal entity identifier implementation process and scrutiny of pricing data sources, are gaining more attention.
Forthrightness is Such a Bother
Past Editor’s Views have supported the premise that a strong and cohesive global legal entity identifier is worth getting, but the Basel, Switzerland-based international organization taking on the task is sowing confusion and dysfunction
Michael Shashoua: Global LEI Nuances
The work of regulators concerning the legal entity identifier standard is becoming more mismatched with the changed definition of what will be completed in March. This development makes possible a significant gap in progress on the LEI between the US and…
FSB Calls For Demonstrations Of Proposed LEI Solutions
The Financial Stability Board is inviting experts to demonstrate proposed approaches to all parts of the legal entity identifier system at a gathering in Basel, but says the meeting is not connected to the vendor selection process
CICI Utility Includes Rigorous Data Validation And $200 Fees
The interim legal entity identifier utility launched by Swift and the Depository Trust and Clearing Corporation enables self-registration and third-party registration at a fee of $200, and includes rigorous data checks
FSB Seeks Legal Advice On Establishment of LEI Foundation
The Financial Stability Board has asked legal experts to submit recommendations on the most appropriate jurisdiction in which to set up the legal entity identifier foundation and the operational unit it will be responsible for
Mixed Messages About LEI
Has the Financial Stability Board allowed enough time with its March 2013 deadline for the legal entity identifier (LEI) to set up local authorities, much less actually assign all the LEIs, as was once expected?
FSB Does Not Expect LEI System To Be Live In March
The Financial Stability Board does not expect the global legal entity identifier (LEI) system to be live and ready to use in March, according to an executive who took part in the inaugural meeting of the LEI Private Sector Preparatory Group in July
Solving a Solvency II Dilemma
European regulator's announcement that an important code in its capital adequacy directive will not be harmonized through all countries could undermine the regulation itself
Questions Remain About CICI-To-LEI Transition
The Commodity Futures Trading Commission's (CFTC) choice of the Depository Trust and Clearing Corporation and Swift to provide its interim legal entity identifier (LEI) is unsurprising, but it is not yet clear how the CICI identifier will fit into the…
As We Predicted
Swift, and the DTCC, scored a win supporting their prospects as LEI administrators by gaining the CFTC's designation to run its CICI identifier standard
Michael Shashoua: The Crawl of Progress
Global regulatory authorities have inched just a little bit closer to defining what the LEI will be and how it will be administered. The Financial Stability Board’s plans for a three-tiered administrative structure inspires more questions about how to…
Sifma Tech Expo Takeaways
Legal entity identifier (LEI) standards discussions proved to be a highlight of this year's Sifma Tech Expo
FSB Sees Some Progress in OTC Reform
The largest OTC derivatives markets are also the most advanced, says the bi-annual FSB report.
Sifma: Questions Remain About Implementation Of FSB's LEI Proposals
Sifma has expressed its support for the Financial Stability Board's legal entity identifier proposals, but says questions remain about how they will be implemented
Here Comes The LEI Flood
Comments, actions and discussions concerning the legal entity identifier have increased and will continue to do so as key organizations make decisions and recommendations now and in the near future
FSB Report Recommends Three-Tier Structure For LEI System
The Financial Stability Board will tell the G-20 this month that the global legal entity identifier system should be established by November and that it should include a three-tier structure that will support the roll-out of the identifier
FSB Takes Another Step on LEI, But Administration Questions Linger
The approval of the ISO standard for the LEI moved much faster than most ISO standards, say industry observers. The FSB issued its LEI report to the G-20, setting a structure for the global LEI system, but the report leaves unanswered questions about…
LEI Makes Progress, But Administration Questions Linger
The approval of the ISO standard for the LEI moved much faster than most ISO standards, say industry observers, but the FSB still has to issue some decisions on who will administer the LEI
ISITC Regulation Group Focuses on LEI
Strapline: Regulation & Standards
Playing Gotcha With LEI
A week full of decision-making on LEI puts the ball back in the US CFTC's court
FSB Approves ISO LEI Standard
Strapline: Regulation & Standards