Detailed Information on Publication Record
2015
On the role of the global legal entity indicators (LEI)
PAVLÁT, VladislavBasic information
Original name
On the role of the global legal entity indicators (LEI)
Authors
PAVLÁT, Vladislav
Edition
Finančné trhy, Bratislava, Derivát 2015, 2015, 1336-5711
Other information
Language
English
Type of outcome
Článek v odborném periodiku
Field of Study
50200 5.2 Economics and Business
Country of publisher
Slovakia
Confidentiality degree
není předmětem státního či obchodního tajemství
Organization unit
University of Finance and Administration
Keywords in English
Legal entity; identity and identification; global legal entity identificator; financial transactions safety
Tags
Tags
International impact
Změněno: 13/4/2017 08:00, Ing. Dominika Moravcová
Abstract
V originále
Reducing the risks in the financial markets and supporting financial stability are the main priorities of financial markets’ regulation. To increase the security of transactions when trading with financial assets, it is essential to reliably identify the market participants. Following the initiative of the G-20 summit in 2012, there has been an unprecedented attempt to design a universal tool – a global legal entity identifier within the LEI system. The article deals with theoretical resources of the “legal entities” concept, obstacles preventing the identification of the financial market participants and the characteristic of the project of the universal identifier of entities entering financial markets’ system. The article also contains an evaluation of the current state of the LEI system construction and an analysis of conditions for its completion.