Legal News

BoE’s Victoria Cleland discusses the benefits of LEIs for payments

Published on: 09 July 2024
Published by LNB News

LNB News 09/07/2024

Document Information

Issue Date: 09 July 2024

Published Date: 09 July 2024

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Bank of England (BoE) has published a speech by its executive director for payments, Victoria Cleland, in which she discussed the benefits Legal Entity Identifiers (LEI) could enable for payments, the role that they can play in enhancing cross-border payments, and steps that could be taken to drive their uptake and use.

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