One of the items regulators have been looking is a controversial Chinese corporate structure, Variable Interest Entity (VIE).
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The G20 has made adoption of a Legal Entity Identifier (LEI) a priority with standards and a structure to regulate it set for March 2013.
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Again, the corporate structure of the company makes the chairman of the board the relevant entity in approving what BP -- the obligations that BP has to live up to.
WHITEHOUSE: Press Briefing
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