
Kristian Hein, September 29
LEI code and Crowdfunding
An LEI code is often associated with securities trading and financial market reporting, but companies may also need one when raising funds through an EU-regulated crowdfunding platform. When the project owner is a legal entity, its LEI is used as the identifier in regulatory reporting. This article explains how lending-based crowdfunding works, when an LEI code is required, why platforms may request it and what companies should know before raising funds in the EU.
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