Understanding Legal Entity Identifier (LEI) – LEI – MNS

July 11, 2024 ⚊ 1 Min read ⚊ Views 49 ⚊ BUSINESS

Legal Entity Identifier (LEI) is a 20-character, alphanumeric code based on the ISO 17442 standard, uniquely identifying legal entities involved in financial transactions. The LEI system is a cornerstone of financial transparency and risk management in the global marketplace. By providing a unique identifier for legal entities, it enhances trust, simplifies regulatory compliance, and supports efficient financial operations.

Read details: https://www.mnscredit.com/blog/understanding-the-legal-entity-identifier-lei

Tags: Legal Entity Identifier (LEI), LEI code

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