In today’s interconnected global economy, the need for transparency, accountability, and efficiency in financial transactions is more crucial than ever. LEI registration and the broader adoption of Legal Entity Identifiers (LEIs) represent a global best practice in business identification that can significantly enhance these qualities. In India, where economic growth is a primary national objective, the adoption and widespread implementation of LEIs could play a pivotal role in sustaining and accelerating this growth by improving the trust and integrity of financial systems. Understanding LEIs: A Brief Overview The Legal Entity Identifier (LEI) is a unique 20-character alphanumeric code used to…
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