Legal entity identifier and Model: Difference between pages

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(LEI).
A representation of a real situation using a selected set of simplifying assumptions and relationships.  


Legal Entity Identifier is a unique identity reference number allocated to a company in accordance with an internationally agreed standard administered by the Regulatory Oversight Committee (ROC) of the Global Legal Entity Identifier System (GLEIS).
In finance, financial models are widely used as tools for valuation and to support financial decisions.


 
An important benefit of well-structured financial models is to facilitate sensitivity analysis.
The ROC is a stand-alone committee established by the international Financial Stability Board (FSB) and endorsed by the Group of 20 (G-20) nations. 
 
It held its inaugural meeting in January 2013.
 
The ROC in turn has authorised Local Operating Units (LOU) which generate and issue the LEIs.




== See also ==
== See also ==
* [[EMIR]]
* [[Business model]]
* [[Financial Stability Board]]
* [[Decision tree]]
* [[G20]]
* [[Financial model]]
* [[LEI ROC]]
* [[Model risk]]
 
* [[Modelling]]
 
* [[Mostly positive]]
===Other links===
* [[Scenario analysis]]
[http://www.treasurers.org/node/10043 Technical Briefing, The Treasurer, April 2014]
* [[Sensitivity analysis]]
 
* [[Stress test]]
[http://www.leiroc.org/ LEI ROC website]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:Compliance_and_audit]]

Revision as of 22:39, 3 June 2016

A representation of a real situation using a selected set of simplifying assumptions and relationships.

In finance, financial models are widely used as tools for valuation and to support financial decisions.

An important benefit of well-structured financial models is to facilitate sensitivity analysis.


See also