Business & Finance

/Business & Finance

Entity Data Management & LEI

On Wednesday, March 22nd, I joined Tim Lind, Pricing & Reference Services, Thomson Reuters and Peter Warms, Head of Product Development for Global Data and Symbology, Bloomberg along with Sarah Underwood, Editor, A-Team Group for a spirited discussion on Entity Data Management and the LEI.

Listen to the audio recording below and be sure to visit […]

By |April 17th, 2014|Business & Finance, Legal Entity Identifiers, Posts, Reference Data|

LEIs: A Panacea for Market Risk?

A few days ago I sat down with Larry Tabb, founder and CEO of TABB Group, to discuss the state of the LEI.  We shot this short (5 minute) video.

videosnapshot

By |April 15th, 2014|Business & Finance, Legal Entity Identifiers, Posts, Reference Data|

LEI Fun Facts

Inside-the-LEI_eiffel99.88% of the entities that have been assigned by INSEE are French.

Inside-the-LEI_hall_of_fameThe GMEI has assigned pre-LEIs to 9 Yeshivas, more than 50 country clubs and over 20 museums, including the Cincinnati Baseball Museum and the National […]

By |April 9th, 2014|Business & Finance, Legal Entity Identifiers, Posts, Reference Data|

IRS Deems Bitcoin Property, Not Currency

Bitcoin will be treated like property, not currency, the IRS declared in a Notice (http://www.irs.gov/pub/irs-drop/n-14-21.pdf) issued this week to address the tax implications of mining, spending or receiving virtual currencies.  The need to track fair market value and basis adjustments to compute gains and losses for tax purposes introduces record-keeping realities to a […]

By |April 3rd, 2014|Business & Finance, Posts|

LEI Entities with Registered Domicile in a Top 10 Tax Haven

09-LEI-Entities-with-Registered-Address-in-Top-10-Tax-Haven

Over 20% of the almost 200,000 entities that have been assigned an LEI are registered in one of the world’s top 10 tax havens. (Forbes, July 6, 2010)

UPDATE: Download Inside the LEI, an Alacra Reference Data Alert

 

By |March 7th, 2014|Business & Finance, Posts, Reference Data|

Number of LEIs Issued to the Top 10 US Bank Holding Companies

04-Number-Of-LEIs-Issued-to-the-Top-10--US-Bank-Holding-Companies

Goldman Sachs and JP Morgan have been strong LEI proponents; it’s no surprise that they have the largest number of their entities registered for LEIs.

UPDATE: Download Inside the LEI, an Alacra Reference Data Alert

 

Alacra-Blog03

By |March 6th, 2014|Business & Finance, Posts, Reference Data|

Number of LEIs Issued to the Top 10 Largest Global Banks

03-Number-of-LEIs-Issued-to-Top-10-Largest-Global-BanksWhen Lehman Brothers went bankrupt it had over 7000 legal entities in over 40 countries. So it seems from this chart that the large global banks have a long way to go before a high proportion of their legal entities are registered. Not surprisingly, the large […]

By |March 4th, 2014|Business & Finance, Financial Regulations, Posts, Reference Data|

M&A Forecasts for 2014

The past few years there has been no limit to the number of bullish projections for M&A activity for the coming year.  Most of these forecasts cited low interest rates and the tremendous amount of cash on corporate balance sheets as reasons for an improved M&A climate.  As can be seen from the mergermarket […]

By |January 10th, 2014|Business & Finance, Posts|

The Missing Mandates

The LEI Regulatory Oversight Committee (http://www.leiroc.org/) has, as of November 18, more than 50 members representing over 30 countries.  Most of the committee members represent the central bank or another regulatory body in their respective jurisdictions.  What continues to surprise and confuse market participants, though, is that to date only two regulatory bodies […]

Bitcoin Emergence Prompts FinCEN to Issue Guidance on Virtual Currencies

As Bitcoin gains recognition as a legitimate currency in the world of digital transactions, FinCEN (Financial Crimes Enforcement Network) has issued guidance on the regulations that apply to administrators and exchangers of virtual currencies that will test AML and KYC programs.

Swings in the market value of Bitcoins – tied to limited circulation […]