The Future ...... No LEI, No Trade!

WHAT IS A LEGAL ENTITY IDENTIFIER (LEI)? WHY DO YOU NEED ONE NOW?

A Legal Entity Identifier is a 20-character globally recognized organization identifier as defined by the ISO 17442 standard. The LEI code is endorsed by the G20 and managed by the Global Legal Entity Identifier (GLEIF) and the LEI Regulatory Oversight Committee (LEI-ROC) – making it the most important global identifier. Organizations should have LEIs to be compliant with regulation, enable trust in their identity and assert their legitimacy.

 

Here are our main reasons to get one:

  1. LEIs are being incorporated in the banking and financial sectors to reduce transactional and operational friction in the identification of transaction counterparties.

  2. Financial institutions rely upon LEI for compliance information about the background of a legal entity in a particular transaction more accessible and traceable.

  3. Creditors and financial sector understands the LEI to mitigate risk and enhancing compliances.

  4. Business entities work with their local and international counterparts having LEI with higher comfort levels.

  5. LEIs are globally accepted by businesses, financial sector and banking industry. 

The #1 Legal Entity Identifier Global Registration 

Our service includes your GLEIF accredited LEI for your organization. 24/7 same day issuance, automated registration process, highest entity data quality, 5 star customer service.