Global LEI Foundation Launches Financial Company Reference Database
The Global Legal Entity Identifier ("LEI") Foundation announced that it launched a "financial company reference database envisioned by the Dodd-Frank Act." Members of the public can use the database to look up a financial company's "business card" information, such as its legal name, address, country and business registry. The database also utilizes a unique 20-digit LEI code to pinpoint a company's counterparties in financial market transactions and eliminate confusion when corporate subsidiaries have similar names.
See: Office of Financial Research Press Release; General Information about the LEI.