IOSCO chief: LEIs key as more capital-market centers emerge

12/11/2012 | Securities Technology Monitor

David Wright, secretary-general of the International Organization of Securities Commissions, predicted that by 2032, there will be 20 capital-market centers around the globe, making legal-entity identifiers all the more necessary. Emerging markets are primarily driving the growth in those financial hubs, Wright said at SIFMA's LEI seminar -- Implementing a Global LEI Framework.

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