Data Transparency Breakfast: Identifying Corporate Entities

The Data Transparency Coalition's Identifying Corporate Entities Breakfast, presented by Booz Allen Hamilton, explored the potential for the U.S. government to track companies and nonprofits consistently across different reporting regimes.

Monday, March 2, 2015

Booz Allen Hamilton
901 15th Street Northwest, 10th Floor
Washington, DC 20005

The U.S. government identifies legal entities using a wide variety of incompatible numbers and codes. Companies and nonprofits use one set of ID numbers to file their taxes; another set of numbers to report to financial regulators; still another to disclose their receipt of federal grants and contracts; and yet more for specialized government reports like patent applications and import licenses. The jungle of entity identifiers makes tracking and matching very difficult for investors, banks, agencies, and the companies themselves.

But for the first time, key policymakers are seeking to solve this problem. The Treasury Department has announced its intention for all U.S. financial regulators to begin using the Legal Entity Identifier (LEI), which will connect the separate reports financial firms and public companies must file under the securities, commodities, and banking laws. Meanwhile, the Digital Accountability and Transparency Act of 2014 (DATA Act) requires a similar consolidation for the codes that are used to identify grantees and contractors who receive taxpayer money.

The Data Transparency Coalition’s Identifying Corporate Entities Breakfast, presented by Booz Allen Hamilton, explored the potential for the U.S. government to track companies and nonprofits consistently across different reporting regimes. Come meet the policymakers who are seeking to energize public accountability, improve internal management, and automate reporting by resolving entity identification.

For a recap of the discussion check out our blog post.

Presenting Sponsor

Speakers

Bryce Pippert

Bryce Pippert
Booz Allen Hamilton

Christina Ho
Department of the Treasury

Matthew Reed

Matthew Reed
Office of Financial Research
U.S. Treasury

Robin Doyle

Robin Doyle
JPMorgan Chase & Co

Irina Leonova
Better Markets, Inc.

Agenda

7:30 am Breakfast Served
7:45 am Welcome
Hudson Hollister, Executive Director, Data Transparency Coalition
Bryce Pippert, Principal, Booz Allen Hamilton

7:55 amPanel Discussion
Matthew Reed, Chief Counsel Office of Financial Research, U.S. Treasury
Robin Doyle, Managing Director, Office of Regulatory Affairs, JPMorgan Chase & Co.
Irina Leonova, Banking Specialist, Better Markets, Inc.8:45 amAdjournment

* Government issued photo ID is required for entry into the building.

Registration