New CPSS IOSCO Principles are leaving nothing to chance

The infamous largest passenger liner of its time, the RMS Titanic, promised the world it would not sink and yet its powerful design still was no match for the iceberg that sent it to its underwater grave. Similarly, there were those financial entities who claimed that they were too large to fail …

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Companies need to ready themselves for LEI’s March 2013 deadline

The Financial Stability Board wants a universal Legal Entity Identifiers (LEI) system to start operating by the end of 2012, and on a self-standing basis by March 2013. The LEI is designed to create and apply a single universal standard identifier to any organisation or firm involved in a financial transaction internationally …

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