Is LEI a game-changer for AML?

David Silverman, the founder of Global Finreg, was interviewed for "The Laundry" podcast in late 2022. Have a listen here and hear him talk about the LEI system and how it can help with Know Your Client (KYC), Anti-Money Laundering (AML), M&A, and even risk assessment. He also talks about vLEIs and how they will be a game changer for blockchain integration and crypto assets.

During the interview, David remembers what it was like to live through the financial crisis in New York in 2008, and how the author Michael Lewis captured the environment perfectly in his bestseller book, ‘The Big Short.’

The LEI system provides the transparency within entity structures that we lacked in 2008. It tells us who’s doing business with who, who owns who, and who’s the direct and ultimate parent company. It’s the best way to identify the global connections of companies, and to ‘follow the money’ across borders.

You can listen to the podcast by clicking on one of the three links below:

Spotify Link

You Tube Link

Apple Podcast

Global FinReg is committed to finding out how we use the LEI system to protect our industry and expand the business possibilities. Reach out if you want to talk.