The U.S. initiative, pushed by SIFMA and affiliated organizations, has been backing a combination of SWIFT and the DTCC to register and maintain the LEIs globally.

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Few seem likely even to meet the threshold to register for the election, which requires the backing either of 30 MPs or of 30, 000 voters spread across the country.

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Congressional Democrats are backing a bill to mandate a nationwide data base to automatically register driver's license holders or recipients of government benefits.

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