News & Media Press Releases

GLEIF Pioneers the Inclusion of LEIs in Machine-Readable Financial Reports, to Enhance Trust Through Identity Verification and Easy Online Data Aggregation

  • Date: 2019-05-22

The Global Legal Entity Identifier Foundation (GLEIF) has pioneered the inclusion of a Legal Entity Identifier (LEI) within digital, machine-readable financial documentation. In partnership with XBRL International, GLEIF has published its 2018 annual report in human and machine-readable Inline XBRL and HTML format, with GLEIF’s LEI embedded into the financial information for the first time. It becomes the first official business report globally which automatically links the filing entity to its verified LEI reference data held within the Global LEI Index.

The process of embedding an organization’s LEI – or that of its affiliates, subsidiaries and parent companies – within digital financial reports, 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.