IGTA Journal - Winter 2020/2021

Delivered by Ingenta IP: 193.129.26.79 On: Tue, 28 Jan 2020 14:32:43 Copyright: Henry Stewart Publications Cleland and Hartsink www.fsb.org/wp-content/uploads/P280519-2.pdf (accessed 11th September, 2019). (8) Global Legal Entity Identifier Foundation (n.d.) ‘Registration Authorities List’, available at: https:// www.gleif.org/en/about-lei/code-lists/gleif- registration-authorities-list (accessed 11th September, 2019).With over 700 business registers and other registers. (9) Global Legal Entity Identifier Foundation (n.d.) ‘About the data quality reports’, available at: https:// www.gleif.org/en/lei-data/gleif-data-quality- management/about-the-data-quality-reports (accessed 13th September, 2019). (10) Global Legal Entity Identifier Foundation (n.d.) ‘LEI Statistics’, available at: https://www.gleif.org/en/ lei-data/global-lei-index/lei-statistics (accessed 11th September, 2019). (11) Financial Stability Board, ref. 7 above. (12) Global Legal Entity Identifier (n.d.), available at: www.gleif.org (accessed 23rd October 2019). (13) Basel Committee on Banking Supervision (2017) ‘Guidelines Sound management of risks related to money laundering and financing of terrorism’, available at: https://www.bis.org/bcbs/publ/d405. pdf (accessed 11th September, 2019). (14) McKinsey & Company and the Global Legal Entity Identifier Foundation (2017) ‘The LEI:TheValue of the Unique Counterparty ID’, available at: https:// www.gleif.org/en/lei-solutions/mckinsey-company- and-gleif-creating-business-value-with-the-lei (accessed 11th September, 2019). (15) Financial Stability Board, ref. 7 above. (16) Bank of England (2019) ‘Dave Ramsden’s Speech: Resilience and innovation in post-trade’, available at: https://www.bankofengland.co.uk/-/media/boe/ files/speech/2019/resilience-and-innovation-in- post-trade-speech-by-dave-ramsden.pdf (accessed 11th September, 2019). (17) Bank of England (2019) ‘Response to the van Steenis review on the Future of Finance’, available at: https://www.bankofengland.co.uk/-/media/ boe/files/report/2019/response-to-the-future-of- finance-report.pdf (accessed 11th September, 2019). (18) Ibid . (19) National Crime Agency (n.d.) ‘Money laundering and illicit finance’, available at: https://www. nationalcrimeagency.gov.uk/what-we-do/crime- threats/money-laundering-and-terrorist-financing (accessed 11 September 2019). (20) Financial Stability Board, ref. 7 above. (21) HM Government (2019) ‘Economic Crime Plan 2019–22’, available at: https://assets.publishing. service.gov.uk/government/uploads/system/ uploads/attachment_data/file/816215/2019- 22_Economic_Crime_Plan.pdf (accessed 11th September, 2019). (22) McKinsey & Company and GLEIF, ref. 14 above. (23) Metzger, J. and Paulowitz,T. (2018) ‘Seeking common legal entity standards to facilitate cross- border payments’, Journal of Payment Strategy & Systems ,Vol. 12, No. 4, pp. 365–370. (24) Knorr, M. (2018), ‘The emerging influence of legal entity identifiers in payments’, Journal of Payment Strategy & Systems ,Vol. 13, No. 1, pp. 47–53. (25) Bank for International Settlements (2016) ‘Committee on Payments and Market Infrastructures, Report on Correspondent banking’, available at: https://www.bis.org/cpmi/publ/d147.pdf (accessed 11th September, 2019). (26) Payments Market Practice Group (2017) ‘LEI in the Payments Market Discussion paper — Industry update’, available at: https://www.swift.com/ resource/lei-payments-market (accessed 11th September, 2019). (27) Financial Stability Board, ref. 7 above. (28) Payments Market Practice Group (2019) ‘Adoption of LEI in payment messages’, white paper, available at: https://www.swift.com/file/64706/ download?token=EFjdD7rt (accessed 23rd September 2019). (29) Office of Financial Research (2017) ‘Collective actions:Toward solving the vexing problem to build a global infrastructure for financial information’, available at https://www.financialresearch.gov/ briefs/files/OFRbr_2017_01_LEI.pdf (accessed 23rd September, 2019). (30) Bouille, I. and Haase,T. (2019), ‘Adoption of global market practice for payments will pave the road to a successful global migration to ISO 20022’ Journal of Payment Strategy & Systems ,Vol. 13, No. 2, pp. 104–112. (31) SWIFT (2017) ‘HighValue Payments Plus (HVPS+) — the next stage step towards ISO 20022 Harmonisation’, available at: https:// www.swift.com/news-events/news/high-value- payments-plus-hvps_the-next-stage-step-towards- iso-20022-harmonisation (accessed 11th September, 2019). (32) SWIFT (2019) ‘First ISO 20022 usage guidelines for cross-border payments released’, available at: https:// www.swift.com/news-events/news/first-iso-20022- usage-guidelines-for-cross-border-payments-released (accessed 11th September, 2019). (33) Bank of England (2018) ‘ISO 20022 consultation response paper: a global standard to modernise UK payments’, available at: https://www.bankofengland. co.uk/-/media/boe/files/payments/rtgs-renewal- programme/iso-20022/iso-20022-consultation- response.pdf (accessed 11th September, 2019). (34) Ibid . (35) Bank of England, ref. 17 above. (36) Financial Stability Board, ref. 7 above: see Executive Summary, p. 1. (37) Wolfsberg Group (2017) ‘Payment Transparency Standards’, available at: https://www.wolfsberg- principles.com/sites/default/files/wb/pdfs/ wolfsberg-standards/1.%20Wolfsberg-Payment- Transparency-Standards-October-2017.pdf (accessed 11th September, 2019). (38) The London School of Economics and Political Science (2019), Bank of England Capstone Project. Page 335 IGTA eJournal | Winter 2020/21 | 51