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Luca Antonini, who chairs the technical committee that advises the government on fiscal federalism, says the entire process should be completed by the end of May.
ECONOMIST: Silvio Berlusconi's future
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Using unique alphanumeric identifiers for financial firms would improve OTC derivatives markets, make it easier for regulators to see aggregated risk, and, once systems were changed over, would simplify record keeping, improve operational efficiency for firms and eliminate a lot of reconciliation work, according to a report the BIS issued from the Committee on Payment and Settlement Systems and the Technical Committee of IOSCO.
FORBES: BIS and IOSCO Dither on Requiring Legal Entity Identifiers (LEI)
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"As electric vehicles enter the marketplace in greater numbers, it's an appropriate time to recognize best practices that facilitate a safe response when these vehicles are in an accident, " said Todd Mackintosh, chairman of the SAE technical committee that issued the report earlier this month.
CNN: STORY HIGHLIGHTS