Legal Entity Identifier

8 June 2012

EMBARGO Not to be released before Friday 8 June 2012, 16:00 Central European Summer Time (equivalent to Friday 8 June 2012, 10:00 US Eastern Daylight Saving Time)

A Global Legal Entity Identifier for Financial Markets

Table of Contents
Abbreviations Executive summary .................................................................................................................... 1 Introduction ................................................................................................................................ 1 Key considerations and challenges to overcome........................................................................ 2 Proposals and recommendations ................................................................................................ 3 Implementation and next steps................................................................................................... 6 Annex 1: Global LEI system diagram........................................................................................ 8 Annex 2: Recommendations for the development and implementation of the global LEI system........................................................................................................................... 9 Annex 3: Global LEI System High Level Principles ............................................................... 17 Annex 4: Initial elements for inclusion in a Charter for the global LEI Regulatory Oversight Committee (ROC) ...................................................................................................... 19 A Global Legal Entity Identifier for Financial Markets........................................................... 23 I. Introduction........................................................................................................................... 24 II. Objectives of the global LEI system.................................................................................... 25 III. Key...