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What is Legal entity identifier?

What is LEI. The Eoropen Banking Authority EBA has made it compulsory for financial reporting purposes. What is its effect on Mid-East and South Asia

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Question added by Subhranshu Ganguly , Quality Analyst. , WIPRO
Date Posted: 2013/11/12
Amine Menadi
by Amine Menadi , Business Development Director , Easy Business Ltd

The Legal Entity Identifier (LEI) is a20-digit, alpha-numeric code that connects to key reference information that enables clear and unique identification of companies participating in global financial markets. 

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