Does Your Client Need an LEI?
New EU rules (MiFID II/MIFIR) take effect on 3 January 2018. According to MiFIR, investment firms should obtain Legal Entity Identifiers (LEIs) from their clients before providing services which would trigger related reporting obligations. Help your clients to access the network of LEI issuers.Become a Registration Agent
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.
Learn more about GLEIF
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 remained above 99% even though more than 100,000 LEIs were issued in November 2017 and the assessment was performed based on new and stricter rules. The dedicated 5 December 2017 GLEIF blog post describes the new features introduced into the GLEIF data quality management program. In addition, we published new monthly reports analyzing the level of data quality achieved by the individual LEI issuers.
Joint McKinsey & Company and GLEIF white paper finds that banks in trade financing could save up to U.S.$ 500 million per annum overall by using the LEI in the issuance of letters of credit