A New Future for Legal Entity Identification
GLEIF research shows that the process of onboarding client organizations in financial services, including KYC due diligence, is becoming increasingly complex. Research findings confirm: a standardized approach to entity verification using the LEI would make it easier for everyone to participate in the global digital marketplace.Download Research Report
McKinsey & Company and GLEIF White Paper: Creating Business Value with the LEI
The white paper examines the potential path to adoption of the LEI in the private sector to streamline legal entity identification. It explores the business value of the LEI in capital markets, commercial transactions, and the extension of commercial credit.Download White Paper
Legal Entity Identifier Services
The Global LEI Index is the only global online source for open, standardized and high quality legal entity reference data. Any interested party can easily access and search the complete Legal Entity Identifier (LEI) data pool using the web-based search tool developed by GLEIF.
GLEIF makes available key facts, figures and statistics on the global LEI population via interactive graphs and a world map drill down. Get insight at a glance on data such as the total number of LEIs issued to date or the number of LEIs issued in individual countries.
GLEIF continuously optimizes the quality, reliability and usability of LEI data. The GLEIF central challenge facility provides any interested party with the opportunity to trigger the verification and, where required, speedy update of LEI records including related reference data.
One identity behind every business
GLEIF manages a network of partners, the LEI issuing organizations, to provide trusted services and open, reliable data for unique legal entity identification worldwide. GLEIF services ensure the operational integrity of the Global LEI System.
GLEIF believes that ultimately there should be one identity behind every business. Having an LEI will help to achieve this objective. Taking advantage of the Global LEI Index empowers market participants to cut costs, simplify and accelerate operations and gain deeper insight into the global market place.
The LEI initiative is driven by the Group of 20 and the Financial Stability Board (FSB). Created by the FSB in 2014, GLEIF is a supra-national, not-for-profit organization tasked to manage the only open, non-proprietary legal entity identification system designed as a public good.
GLEIF Activities and News
The latest Global LEI Data Quality Report shows that the Total Data Quality Score remains stable above 99%. The analysis of the distinct quality maturity levels met by the individual LEI issuers demonstrates that more than 70% of the issuers achieved required quality in the reporting period. This confirms the positive trend observed in recent months. In addition, we published new monthly reports analyzing the level of data quality achieved by the individual LEI issuers.
GLEIF Head of Standards Karla McKenna has been elected to the Board of Directors of XBRL International