An LEI code, also known as a Legal Entity Identifier code, is more than just a compliance requirement—it’s a gateway to transparency and trust in global financial markets. This 20-character alphanumeric identifier allows businesses, regulators, and financial institutions to track transactions and assess counterparties without ambiguity. The LEI code links directly to key reference data about the registered entity, including ownership structures and registration details. By obtaining and maintaining an active LEI code, companies ensure they can access financial services, trade in securities markets, and meet obligations under international regulations. Without it, entities risk facing compliance delays or penalties.