Monat: April 2025

The Benefits of Having an LEI Number

23 April 2025

Think of every business as a distinct book, each with its own special code. This code is known as the Legal Entity Identifier, or LEI. It assists in identifying firms during financial transactions, ensuring clarity and organization. Established following the 2008 financial crisis, the LEI has expanded to encompass over 2 million businesses globally. This […]

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Data quality as a competitive advantage: How to solve LEI challenges quickly – and why it matters

14 April 2025

High-quality LEI data: A strategic necessity In a globally connected economy, reliable data is not a luxury but the foundation for informed decision-making, innovation and regulatory certainty. Companies that rely on accurate information act faster, more securely, and build trust. In the financial sector, in particular, up-to-date master data – such as Legal Entity Identifiers […]

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A simpler future: How the LEI number is driving Europe’s digital economy

9 April 2025

Europe is moving into a new digital age – and the Legal Entity Identifier (LEI) is a key component of this transformation. Supported by the European Commission’s initiative to simplify regulation and administration, particularly as part of the so-called Omnibus Simplification Packages, the LEI and its digital counterpart, the verifiable LEI (vLEI), are becoming increasingly […]

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The Future of LEI Numbers: What Lies Ahead?

7 April 2025

The Legal Entity Identifier (LEI) consists of a 20-character code designed to identify businesses engaged in financial transactions uniquely. This distinctive code provides significant details about ownership, facilitating a clearer understanding of connections between entities. As the adoption of LEIs increases, we anticipate advancements that will enhance transparency, build trust, and adjust to upcoming challenges […]

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LEI Number Compliance: Are You Following the Rules?

2 April 2025

An LEI number, or Legal Entity Identifier, is a unique code that helps identify companies and organizations involved in financial activities. It serves a significant purpose in ensuring compliance with regulations and facilitating safe and transparent transactions. This article will provide an overview of LEI numbers, the reasons for their necessity, and guidance on maintaining […]

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What You Need to Know About LEI Numbers for Your Business

1 April 2025

If you operate a finance-related business, it’s essential to understand the Legal Entity Identifier (LEI). This 20-character code identifies companies globally, facilitating their engagement in financial transactions. Knowing an LEI and how to obtain one can enhance your business’s transparency and foster trust within the global market. Let’s examine the details about LEIs and their […]

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