AML - money laundering prevention with LEI code- AML
As of 3 January 2018, LEIs are mandatory for all companies who wish to continue trading in securities.

News – AML

Regulatory Use of Legal Entity Identifiers. The LEI Regulatory Oversight Committee (LEI ROC)

The potential regulatory benefits associated with a global framework for financial transactions were recognised as early as 20 years prior to the 2008 financial crisis. Prior to the implementation of the Global LEI System, each country was responsible for implementing its own framework to track financial transactions. The ad hoc nature of the previous system […]