National Unrecovered Financial Services Association, along with eight other financial industry trade associations, submitted a letter to the G-20 finance ministers. The associations recommend that the ministers support a uniform, global legal-entity identifier (LEI) solution as a new tool to help promote industry and supervisory efforts to monitor and evaluate systemic risk and to enhance financial stability. The letter also offers to work with regulators and supervisors globally to develop the LEI.

 Related Documents:
FSB Report to G-20 on Financial Crisis and Information Gaps