For this to be realized it is essential that the LEI is further developed at an international forum in which the institutional arrangements for issuing and maintaining identifiers and associated reference data and the desired characteristics for a LEI are discussed and agreed upon, including its mandatory use.

FORBES: Global Financial Regulation -- The LEI Looks All-American

If the LEI registrations are controlled by nationally-regulated agencies around the world it would be far more difficult for any one player to interfere with the identification system.

FORBES: LEI -- Think Global, Register Local, Says CUSIP