Validity and Renewal of Legal Entity Identifiers (LEIs)
Legal Entity Identifiers (LEIs) play a crucial role in the global financial system by providing a unique identification code for entities participating in financial transactions. These codes enhance transparency and reduce the risk of fraud, making them essential for regulatory compliance. In this blog, we will explore the validity period of LEIs, the annual renewal requirement, and the renewal process. Learn about the one-year validity period and mandatory annual renewal process of Legal Entity Identifiers (LEIs).