Industry insights
Discover the latest research and trend reports
LEI 28.03.2023
Global Legal Entity Identifier Foundation | GLEIF
The Global Legal Entity Identifier Foundation (GLEIF) is a non-profit organization that manages and administers the Legal Entity Identifier (LEI) system. The LEI is a unique identifier assigned to legal entities that engage in financial transactions, such as corporations, partnerships, and government agencies. The primary goal of GLEIF is to ensure the accuracy and integrity of LEI data while facilitating the global adoption of the LEI system. Read more
LEI 02.03.2023
LEI Registration Agents
gents are companies approved by the Global Legal Entity Identifier Foundation (GLEIF) to assist with LEI registration and renewal on behalf of customers. The introduction of LEI Registration Agents by GLEIF aimed to enhance the LEI registration process's efficiency and foster healthy competition among service providers within the Global LEI System (GLEIS). Read more
LEI 23.02.2023
Streamlining KYC with Legal Entity Identifiers
LEIs are crucial to the KYC process as they allow financial institutions to verify the identity of businesses, which is essential to ensuring compliance with regulations and preventing financial crimes. LEIs also enhance transparency and traceability in financial transactions and streamline regulatory compliance, making the process more efficient and effective. Read more
LEI 06.02.2023
LEI in banking: Transparent and secure transactions
The use of LEIs is increasingly required by regulators to enhance financial markets' stability and transparency and improve risk management practices. Banks are responsible for maintaining accurate, up-to-date LEI information for their clients. Read more
