FATCA: A US Regulation That's Having a Global Impact
8/5/2014FATCA has raised the stakes for data quality and the need for "clean data."
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Mark Davies joined Depository Trust and Clearing Corporation (DTCC) in 2012 to lead its European efforts around the development of the legal entity identifier, a global initiative created in response to new regulations for reducing systemic risk.
In January 2013, in addition to his role at the DTCC, Mark became head of Avox, a DTCC subsidiary and specialist in business entity data management. Formerly, he held senior roles at RBS, managing Group Risk data, and Barclays Capital, leading the legal entity reference data team.
Mark is a member of various industry advisory groups, including the Global Financial Markets Association's LEI executive steering committee and the Financial Stability Board's advisory group for LEI.