Collective Action: Toward Solving a Vexing Problem to Build a Global Infrastructure for Financial Information

Bertrand Couillault, Jun Mizuguchi and Matthew Reed
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Bertrand Couillault: Banque de France
Jun Mizuguchi: Financial Services Agency of Japan
Matthew Reed: Office of Financial Research

No 17-01, Briefs from Office of Financial Research, US Department of the Treasury

Abstract: After the financial crisis of 2007-09, world leaders called for a new global system to solve a basic but important problem vexing all aspects of our complex financial markets: understanding with precision who is who, who owns whom, and who owns what.

Keywords: LEI; identification; standards; common global entity identifier (search for similar items in EconPapers)
Pages: 13 pages
Date: 2017-02-02
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Persistent link: https://EconPapers.repec.org/RePEc:ofr:briefs:17-01

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