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TechTalk Blog: Rebuilding Investor Confidence in the Capital Markets: Combining Legal Entity Identifiers (LEI) & XBRL Financial Statement Data Standards

Great information in this article about the global expansion of Legal Entity Identifier (LEI) global data standard and its impact in providing both regulators and investors understanding about the relationship between entities and their exposure in the capital markets. With the financial crisis of 2008 - both regulators and investors were unable to understand the relationship between entities involved because these complex relationships could not be tracked to determine loss