Opinion

Decoding the Lei Number- Understanding Its Significance and Application

What is a LEI number? The Legal Entity Identifier (LEI) is a unique, global, unambiguous identifier for legal entities. Introduced to enhance the transparency and efficiency of financial markets, the LEI is a crucial tool for regulatory compliance and risk management. This article delves into the significance of the LEI number, its purpose, and how it benefits various stakeholders in the financial industry.

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