FRSGlobal

A-Team Group, 18^th February 2011: Any Legal Entity Identifier Will Need to Contain Parent/Child Hierarchy Data if it is to Help Track Systemic Risk, Says Liegel

Rather than the idea of a ‘dummy’ legal entity identifier, as seems to be popular within the practitioner community Andrew Liegel, deputy vice president of regulatory and risk solution vendor FRSGlobal’s US operations, reckons the Office of Financial Research (OFR) will need to craft an identifier that contains a suitable coding sequence in order to be able to relate the entity to other related entities and instruments. The remit of the new agency is, after all, to better track systemic risk, he explains.

Read the full article here, courtesy of A-Team Group (subscription required) »