LEI registration for manufacturers, sellers, and shippers of merchandise
Discount Applied for Global Business Identifier Evaluative Proof of Concept
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Global Business Identifier Evaluative Proof of Concept
For a more comprehensive insight into shipper, seller, and manufacturer data, US Customs & Border Protection (CBP) has introduced a pilot program: Global Business Identifier (GBI).
The project aims to test and develop a single entity identifier solution to achieve trade facilitation and security by obtaining a deeper insight into the legal structure of “who is who” across the spectrum of trade entities. While gaining a clear understanding of ownership, affiliation, and parent-subsidiary relationships.
How can LEI increase supply chain visibility?
- Global LEI Index is the only publicly available global source that provides open, standardized, and high-quality legal entity reference data.
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Each LEI contains well-structured data categorized into 2 sections:
- Level 1 Data: Who is who
- Level 2 Data: Who owns whom
- All LEI data is held to the highest standard – annual renewal of the reference data ensures that it’s always up-to-date.