Central Banking

FSB proposes future legal entity identifier system

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The Financial Stability Board (FSB) today published its report for the Group-of-20 on setting up a global legal entity identifier (LEI) system for financial markets. The report sets out 35 recommendations for the G-20 to consider in developing and implementing such a system.

The report is the FSB's response to the mandate issued by the G-20 at the Cannes Summit and will be looked at by the G-20 at the upcoming Los Cabos Summit.

The report was presented after extensive work by a specially formed

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