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Broad Adoption of LEIs in Global Banking Sector

Broad Adoption of LEIs in Global Banking Sector

In today’s rapidly evolving financial landscape, the global banking sector constantly seeks to enhance its efficiency, transparency, and regulatory compliance. One substantial stride in this direction has been the adoption of Legal Entity Identifiers (LEIs). The LEI is a unique 20-character code designated to financial entities globally, which enhances clarity and simplifies the identification process…