In this section, you will find informative articles and relevant updates about the Legal Entity Identifier (LEI), a unique identifier for legal entities engaged in financial transactions. Here, we strive to provide in-depth and up-to-date content on various topics related to the LEI and its use in different European countries.
You can read news about the Global Legal Entity Identifier Foundation (GLEIF) system, anti-money laundering regulations impacting the adoption and use of the LEI, and a range of services related to the LEI. Our goal is to keep you informed about the latest trends, regulatory changes, and best practices for using the LEI.
We invite you to explore our articles and stay updated on the latest developments in this essential field for the transparency and security of global financial transactions.
You can read news about the Global Legal Entity Identifier Foundation (GLEIF) system, anti-money laundering regulations impacting the adoption and use of the LEI, and a range of services related to the LEI. Our goal is to keep you informed about the latest trends, regulatory changes, and best practices for using the LEI.
We invite you to explore our articles and stay updated on the latest developments in this essential field for the transparency and security of global financial transactions.
What is an LEI code and what is this standard used for
The LEI (Legal Entity Identifier) is a globally recognized standard designed to ensure transparency and trust in financial transactions. Based on the ISO 17442 standard, the LEI assigns a unique alphanumeric code to legal entities participating in financial markets, making it easier to identify and monitor risks. Introduced after the 2008 financial crisis, the LEI improves regulatory compliance, operational efficiency, and risk management. It is managed by Local Operating Units (LOUs), and InfoCamere is one of the leading issuers, offering direct assistance and real-time data access through its ID LEI service.
