The Road to a Global LEI
How did the coalition of trade associations first come together?
The trade associations came together in response to the Treasury’s policy statement issued in November. Treasury asked for an industry consensus recommendation regarding a legal entity identifier (LEI) solution, so it was important that as many stakeholders as possible come together. It is not uncommon for trade associations to work together on important industry issues.
Why was it decided that participating in the group should be
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