General Knowledge · General Awareness

What is the primary objective of the 'LEI' (Legal Entity Identifier) code?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1To register new companies
2To provide tax benefits
3To identify parties to financial transactions globally✓
4To track personal savings

Correct answer

To identify parties to financial transactions globally

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What is the primary objective of the 'LEI' (Legal Entity Identifier) code?

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