LEI Code : Ensuring Data Quality with GLEIF’s Challenge Facility
November 5, 2024 ⚊ 1 Min read ⚊ Views 36 ⚊ BUSINESS
Learn how LEI code and GLEIF’s Challenge LEI Data Facility uphold data accuracy and transparency in global finance and compliances. The Legal Entity Identifier (LEI) system, which involves an important step of LEI code registration, provides a unique, 20-character identifier that connects legally recognized entities to standardized reference data, including a business’s name, legal form, and location. As LEIs become more embedded in regulatory frameworks worldwide, they are central to key areas like risk management, reporting, and compliance.
Tags: LEI code registration, LEI Data, LEI System
