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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 Legal Entity Identifier (LEI) would make it easier for everyone to participate in the global digital marketplace.

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Advancing Digital Entity Identification with the LEI

With publication of its 2018 annual report, GLEIF has pioneered the inclusion of LEIs in machine-readable financial reports. Embedding an organization’s LEI – or that of its affiliates, subsidiaries and parent companies – within digital financial information, allows market participants who rely on official documents to inform strategic decisions (e.g. traders, investors, regulators) to quickly and easily consolidate and verify information on a filing entity.

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Legal Entity Identifier Services

by GLEIF

One global 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 each business worldwide should have only one global identity. This identity should include a digital identity. 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

Regulatory Use of LEI Date: 2019-11-11 GLEIF Updates on Current and Proposed Regulatory Activities Including the Use of the LEI

It is the prerogative of the authorities acting in individual jurisdictions to mandate the use of LEIs. GLEIF closely monitors initiatives relevant to legal entity identification in regulatory reporting and supervision and publishes a list of current and proposed regulatory activities including the use of the LEI. We last updated this overview on 11 November 2019.

GLEIF Blog Date: 2019-11-15 GLEIF Published the Quarterly Global LEI System Business Report Covering the Third Quarter of 2019

The Global LEI System Business Reports highlight main trends relevant to the adoption of the LEI and provide in-depth analysis of the LEI data pool