How using LEIs can help prevent another financial crisis
Investors that use legal entity identifiers can help regulators prevent counterparty risks. But the Asian take-up has been low to date, says the Depository Trust & Clearing Corporation.
![How using LEIs can help prevent another financial crisis](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2FScreen%20Shot%202018-11-06%20at%206.32.42%20pm.png&c=1&h=677&q=100&v=20243401&w=1204)
The 10-year anniversary of the Lehman Brothers collapse and onset of the global financial crisis has largely focused on the question of whether we are safer and better prepared to handle such an event today.
Most pundits commenting on those dark days in September 2008 seem to agree that the global financial system is more robust than it was a decade ago, with financial institutions and governments better positioned to withstand a similar shock.
However, there are still holes in …
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