GFMA as part of the coalition of financial services firms and trade associations provide comments to the Australian Securities & Investments Commission’s (ASIC) in response to their consultation paper on market integrity rules,  ASIC Consultation Paper 168 Australian equity market structure.

The Trade Associations are pleased to note that ASIC’s paper recognizes the importance of developing a globally accepted legal entity identifier (LEI) and the progress made by the financial services industry and global regulators in developing a global LEI standard and solution.