How Is LEI Search Important?
LEI search is probably the safest and best way to check the credibility of a company. EU has made it mandatory for investment firms to obtain LEIs from their clients from 3 January, 2018. This has made LEI database search a very important step for individuals looking to invest in companies and brands looking for partners.
Why is legal entity identifier important?
LEI data gives interested parties the right idea about a company in terms of legal sanctions and authenticity. Authenticity and credibility are easily two of the most crucial parameters that drive financial investment.
Your shield against financial fraud
International share trading comes with the risk of financial fraudulence. Emergence of globalization and latest technologies has made life easier for people but has also added the vulnerability associated with online financial transactions. LEI data allows individuals to get all legal information about any listed company, eliminating the chance of financial fraudulence.
How can you get hold of LEI data?
There are multiple online tools available in the market for LEI database search. These professional applications are linked with a secure global database that is constantly updated with latest information. The information is directly sourced from this secure database, ensuring optimal authenticity and validity.
How to search?
All that an individual needs to do is to enter the name or code or registration details of the target company. The tool will search its entire database and return a list of matching results. Alternatively, users can also check the entire list of enlisted organizations. Users will have the option of viewing the results in details.
Wrapping it up?
LEI search tools have made life easier, simpler, and safer for investment agencies, companies, and interested individuals in more ways than one. So, what are you waiting for? Start searching now.