Tag Archives: policy
The Information Currency – Google’s Transparency Report
Last November saw Google announce the findings of its bi-annual Transparency Report. Interestingly, the findings revealed that government surveillance of online lives is on a sharp incline. In fact, governments around the world made nearly 21,000 requests for access to Google data in the first six months of 2012, a huge leap from the 12,539 requests reported in 2009. The US government was the biggest culprit, making 7,969 requests in the first six months of 2012, while Turkey made the most requests for content to be removed.
Despite the big numbers, this demand for data should come as no surprise. Information is increasingly being accepted as the currency of today, so it fits that demand for Google data would be so high. Data is an undeniably invaluable asset and both the private and the public sector are realising this. (more…)
The Business Impacts Of The Absence Of Standards And The Legal Entity Identifier
My recent sequence of blog posts has focused on the Dodd-Frank Act, the creation of an Office of Financial Research, and some implications for both internal and external data governance and data quality. I have spent a little time reading the recent policy statement released by the Office of Financial Research (OFR) that talks about one initiative for data standards, namely the Legal Entity Identifier.
Section 154(b)(2)(A) of the Dodd-Frank requires the OFR to create a public reference database of financial companies, and in order to access specific data about any one financial company, one would expect there to be a means for unique identification. The policy statement does provide some context as a basis for justifying the creation of a legal entity identifier for unique counterparty identification. (more…)