Legal Entity Identifier (LEI) ID Code for Banks and Subs Delayed Until 2012

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The Legal Entity Identifier (LEI) identification code for banks and their subsidiaries, which under Dodd-Frank was to be in use by July 15, probably wont take effect until sometime next year, at the earliest. Like many of he financial reform bills regulations, the complexity has proved to be greater than anticipated.The LEI is a fundamental building block for living wills, the regulation being ...

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