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Legal Entity Identifier (LEI) update: FSB global standardization efforts
I recently attended the LEI Workshop conducted by the Financial Stability Board (FSB) on March 28 in Basel, Switzerland at the offices of the Bank of International Settlements (BIS). This workshop brought together representatives of many countries, agencies, organizations, financial institutions, and corporations from around the world. The FSB, as directed by the last meeting…
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A Unique Opportunity for a Win-Win in Financial Risk Management
Seeking to manage, or at least measure, financial and systemic risk by a closer inspection, analysis, and even simulation, of financial contracts and counterparties at a more precise level of detail and frequency is a significant departure from many traditional risk management and supervision practices. The results of more detailed contractual and counterparty analysis —…
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Systemic Risk Data Challenge and the Office of Financial Research (OFR)
The Data Challenge for Systemic Risk Management and the Office of Financial Resarch (OFR) ( 9 MB PDF file )