Industry insights
Discover the latest research and trend reports
Global Legal Entity Identifier Foundation | GLEIF
The Global Legal Entity Identifier Foundation (GLEIF) is a non-profit organization that manages and administers the Legal Entity Identifier (LEI) system. The LEI is a unique identifier assigned to legal entities that engage in financial transactions, such as corporations, partnerships, and government agencies. The primary goal of GLEIF is to ensure the accuracy and integrity of LEI data while facilitating the global adoption of the LEI system. Read more »
LEI Registration Agents
gents are companies approved by the Global Legal Entity Identifier Foundation (GLEIF) to assist with LEI registration and renewal on behalf of customers. The introduction of LEI Registration Agents by GLEIF aimed to enhance the LEI registration process's efficiency and foster healthy competition among service providers within the Global LEI System (GLEIS). Read more »
Streamlining KYC with Legal Entity Identifiers
LEIs are crucial to the KYC process as they allow financial institutions to verify the identity of businesses, which is essential to ensuring compliance with regulations and preventing financial crimes. LEIs also enhance transparency and traceability in financial transactions and streamline regulatory compliance, making the process more efficient and effective. Read more »
LEI in banking: Transparent and secure transactions
The use of LEIs is increasingly required by regulators to enhance financial markets' stability and transparency and improve risk management practices. Banks are responsible for maintaining accurate, up-to-date LEI information for their clients. Read more »
LEI code API: Automate the LEI registration process
What does the LEI API do? An application programming interface (API) is a set of functionalities that a service owner provides, so people can use its features and/or build software applications. An API details how users make requests and the responses they receive. LEIAdmin established an API to create a seamless solution for financial institutions’ […] Read more »
LEI transfer explained: 3 simple steps
Why transfer your LEI in the first place? The Global LEI System (GLEIS) has been set up to encourage competition between LEI service providers. When a market is competitive, businesses have a more significant incentive to lower prices, improve the quality of their services, and provide customers with more options. The leading element that drives […] Read more »