Why are Financial Institution Legal Entity Identifiers (LEIs)? twice that of FATCA GIINs? 

The LEI was established by the G-20 through the Financial Stability Board (FSB), the 2009 successor of the Financial Stability Forum (FSF).  Regulators globally recognized the lack of transparency to identify parties to transactions across markets, products, and regions. G-20 authorities, through the FSB, working with the private sector, developed the framework of a Global […]

via Byrnes’ Tax & Wealth Management Blog http://bit.ly/1LS3rxz If you need help or advice on FATCA/CRS you can contact me via haydon@haydonperryman.com or +44 (0) 7788 268700