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 was 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 their own framework to track financial transactions. The ad hoc nature of the previous system […]

When do you need a Legal Entity Identifier?

Legal Entity Identifiers (LEIs) are now required for all companies that wish to trade on the financial markets in the UK or within the European Union. These changes occurred on 3 January 2018 when the Markets in Financial Instruments Directive and Regulation took effect. Whilst individuals are not affected by these changes, entities such as […]