Legal Entity Identifier

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AlYusr Leasing and Financing company,

Obtained the International Legal Entity Identifier “558600NF5J37H2REL836”, which in turn is a global guide that enhances the company transparency in the global market, because it includes answers about the identity of the ownership structure of each entity, the identity of each party, and who owns whom. The International Legal Entity Identifier also supports an increase in the quality and accuracy of the company's financial statements in general.

The Legal Entity Identifier (LEI) 

is a 20-character alphanumeric code based on the ISO 17442 standard developed by the International Organization for Standardization and Metrology (ISO). The LEI is linked to basic reference information that enables clear and unique identification of legal entities that are involved in financial transactions.

The Financial Stability Board (FSB) 

emphasized that adopting the global LEI system contributes to achieving “several financial stability objectives” such as improving corporate risk management, as well as better assessing micro and macro prudential risks. Thus, it enhances market integrity while containing unfair market practices and financial fraud.

The publicly available LEI database is a unique key to the normative information on legal entities globally. The data is recorded and reviewed periodically according to protocols and procedures established by the LEI Regulatory Oversight Committee. Together with its partners in the Global LEI System, the Global Legal Entity Identifier Foundation (GLEIF) continues to focus on further measures to improve the quality, reliability and scope of use of LEI data, to enable market participants to benefit from the wealth of information available in the identifier community. legal entities.