Michael Shashoua: Stability Board See-Saw
Will the International Organization for Standardization’s (ISO’s) removal of the Society for Worldwide Interbank Financial Telecommunication’s (Swift’s) registration authority role from the legal entity identifier (LEI) standard create a dichotomy that could defeat the purpose of setting an LEI standard in the first place?
ISO’s action will not end Swift’s role in administering the LEI. In fact it makes it more likely that both bodies will be administering the standard with less communication or
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