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The Importance of Legal Entity Identifiers in Global Finance

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The Importance of Legal Entity Identifiers in Global Finance
pexels.com
By Ron Sweeny
11/21/2024Updated: 11/21/2024
0:00
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A single transaction can ripple across continents, influencing markets and economies worldwide. This intricate web of global finance demands unprecedented transparency and accountability. Enter the Legal Entity Identifier (LEI)—a 20-character code that serves as a financial fingerprint for organizations engaging in monetary dealings. Obtaining an LEI number for U.S. companies has become a regulatory requirement and a passport to participate in the global financial arena.
Ron Sweeny
Ron Sweeny
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