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Legal Entity Identifier (LEI) dawns a new way to identify financial market participants

A recent post on the website Consumer.Data.gov talked about Legal Entity Identifier and what benefits it can bring to the financial sector players.

The LEI is a reference code to uniquely identify a legally distinct entity involved in financial transaction. On a global scale, there is lack of an identification system for legal entities across markets and jurisdictions. LEI comes as an effective tool for risk manage ...

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