GLEIF eBook: Introducing the LEI Validation Agent Framework. A New Role in the Global LEI System Enabling Financial Institutions to Simplify and Accelerate LEI Issuance
GLEIF, in its drive to encourage voluntary adoption and use of LEIs across a broader portfolio of non-regulatory banking business lines, has identified an opportunity to introduce efficiencies by creating a new operating role within the Global LEI System: The Validation Agent.
This eBook introduces the Validation Agent concept, explains the efficiencies gained in client lifecycle management, and the improved customer experience. It provides the basics of the types of organizations eligible to become a Validation Agent, what Validation Agents do, and how the Validation Agent interacts with other participants in the Global LEI System.