News

Indian SMEs on the path to global recognition through LEI registration

30 März 2023

In March 2022, a significant step towards promoting financial inclusion of small and medium-sized enterprises (SMEs) in India was taken when the first Indian company took the role of Validation Agent in the Global LEI System. A year later, we see how this new role enables greater financial inclusion for SMEs across India. Background to […]

Data quality management and its importance for the Indian market

27 Februar 2023

Trust in business partners is essential in a globalised economy where the number of legal entities conducting transactions is constantly increasing. The availability of accurate and transparent corporate data is crucial, especially in India, an emerging market with a rapidly growing economy. LEI (Legal Entity Identifier) plays a central role in this. This article highlights […]

2022: A year of growth and innovation for the Global LEI System

26 Januar 2023

2022 marked another significant step in the global adoption of the Legal Entity Identifier (LEI). With an annual growth rate of 12.9% and the issuance of over 252,000 new LEIs worldwide, the Global LEI System has proven to grow strongly in maturity and reach. The Global LEI Foundation (GLEIF) supports this development through comprehensive transparency […]

Rethinking cross-border payments: the role of the Legal Entity Identifier

13 Dezember 2022

The LEI is the key to more efficient payment processes The Financial Stability Board (FSB) has made a ground-breaking recommendation: The broader use of the Legal Entity Identifier (LEI) in global payments. This initiative is intended to revolutionise cross-border payments and improve security, transparency and efficiency in the global payments ecosystem. The FSB’s recommendation is […]

Higher data quality due to increasing renewal rate in the third quarter

2 November 2022

The importance of the Legal Entity Identifier (LEI) continues to grow globally, and the Global Legal Entity Identifier Foundation (GLEIF) proudly reports on the latest developments in transparency and data quality. Through its quarterly LEI System Annual Reports, GLEIF provides comprehensive access to the latest LEI data, helping to strengthen global market transparency. The newest […]

The LEI: A cornerstone for a transparent and efficient global trade ecosystem

18 Oktober 2022

In an increasingly globalised world, creating an inclusive and efficient trading ecosystem is of central importance. A critical factor in achieving this goal is the introduction of universal identifiers such as the Legal Entity Identifier (LEI). Enno-Burghard Weitzel, Senior Vice President for Strategy, Digitalisation, and Business Development at Surecomp, explains how the LEI improves operational […]

Global solutions for corporate identity: GLEIF and the role of the LEI

7 September 2022

GLEIF is committed to revolutionising the management of corporate identities worldwide. This is reflected in its new brand identity and mission to give every organisation a global identity. Challenges and opportunities of digital transformation Companies today need to digitise their processes to remain competitive. Both public and private organisations are accelerating the digitalisation of processes, […]

From the financial crisis to the digital future: Why the Legal Entity Identifier (LEI) is becoming indispensable

2 August 2022

In this article, we examine the recent rebranding of the Global Legal Entity Identifier Foundation (GLEIF) and the crucial role that the Legal Entity Identifier (LEI) will play in the future of corporate identity. The importance of the LEI in the digital global economy The need for secure and verifiable digital identities is growing as […]

GLEIF and PharmaLedger: advancing digital health solutions

12 Juli 2022

In a pioneering collaboration, the Global Legal Entity Identifier Foundation (GLEIF) and PharmaLedger have begun using verifiable Legal Entity Identifiers (LEI) to support blockchain-based healthcare solutions. This collaboration aims to demonstrate the potential of LEIs to create digital trust in healthcare and beyond. The role of digitalisation in the healthcare sector A study by McKinsey […]

Redefining digital trust: The vLEI

8 Juni 2022

The verifiable Legal Entity Identifier (vLEI) is a groundbreaking innovation in digital identity. Developed by the Global Legal Entity Identifier Foundation (GLEIF), it offers companies a standardised and digital way to confirm their authenticity. This new form of Legal Entity Identifier (LEI) enables automated trust between legal entities and their business partners. Why vLEI is […]

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