Legal Entity Identifier (LEI)
The Legal Entity Identifier (LEI) is a unique 20-character alphanumeric code that provides a global identification for legal entities participating in financial transactions. It was introduced as part of the G20 and Financial Stability Board (FSB) initiatives to promote transparency, reduce financial risks, and improve the reliability of global financial data. By obtaining an LEI, businesses ensure compliance with international and local regulations, enhance credibility, and enable smooth participation in global markets.
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