Swiss LEI

Partner Since:
December, 2020

About:
Swiss LEI is a service offered by Geneva Compliance Group SA.

A single and global system for the identification of legal entities is expected to reduce costs for businesses as well as for the entire financial market. Furthermore, it will improve risk management and encourage transparency on the financial markets.

This is thanks to a reduction in the number of mistakes made during business transactions but also due to lower costs in data matching and maintenance when reporting to regulating authorities. Being able to unambiguously identify contractual partners also reinforces important business processes and reduces risks incurred by businesses.