November 14, 2024
KYC in Banking: Role of Legal Entity Identifier (LEI)
In the contemporary financial landscape, the integrity and transparency of banking operations are paramount. Central to this is the Know Your Customer (KYC) framework, a set of guidelines and procedures that financial institutions employ to verify the identities of their clients. The integration of the Legal Entity Identifier (LEI) into KYC processes has emerged as…
anushree
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