GLEIF – Global Legal Entity Identifier Foundation

We enable smarter, less costly and more reliable decisions about who to do business with

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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.

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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.

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Legal Entity Identifier Services

by GLEIF

One identity behind every business

GLEIF Mission

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.

Our Vision

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.

Governance Structure

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

GLEIF Video Date: 2019-01-18 LEI Mapping: The Perfect Business Language

To conduct business digitally, counterparties must be identified without ambiguity. Many businesses use mapping solutions to do this. These match entity identifier A against entity identifier B to ensure that both are recognized as referring to the same organization. However, the kind of mapping needed to pinpoint the entities you are dealing with has not always been totally accurate or transparent enough. Up until now, that is. GLEIF has established a free of charge certification process which ensures that organizations use state of the art methodologies to accurately map the LEI to their own identifiers. Watch this video to learn how GLEIF enables quality assured and open source mapping solutions.

GLEIF Blog Date: 2018-12-18 Trust and Technology: Pre-requisites for Success in Digital Regulation

Part IV: How the LEI can be leveraged to enable straight through processing, to strengthen the fight against financial crime and to prepare for a global digital identity ecosystem