News

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 […]

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GLEIF and PharmaLedger: advancing digital health solutions

12 July 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 […]

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Redefining digital trust: The vLEI

8 June 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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India in focus: LEI mandates as a growth driver for SMEs

27 May 2022

The increased use of the Legal Entity Identifier (LEI) in India opens new doors for small and medium-sized enterprises (SMEs) in global trade and finance. The LEI, a unique identifier for businesses, is gaining traction by promoting trust and transparency in international transactions. For the first time, this opens up far-reaching opportunities for Indian SMEs […]

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LEI data and climate finance: a step towards global sustainability

5 April 2022

In a world increasingly characterised by climate challenges, the Legal Entity Identifier (LEI) plays a crucial role in transforming financial markets towards greater transparency and sustainability. A remarkable initiative was presented during COP26: the partnership between the Global Legal Entity Identifier Foundation (GLEIF), Amazon, and OS-Climate. This collaboration aims to make LEI records accessible via […]

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Global financial transactions in focus: The ESRB and the path of the LEI into the future

24 March 2022

The Legal Entity Identifier (LEI) is at the centre of the latest recommendations from the European Systemic Risk Board (ESRB), which highlight the potential of this global identifier to transform financial transactions. According to the ESRB, the LEI could be crucial in making cross-border payments faster, more cost-efficient and more secure. GLEIF, the global organisation […]

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New momentum for digital identity: The verifiable LEI (vLEI) expands the possibilities of LEI numbers

23 February 2022

With the introduction of the verifiable LEI (vLEI), GLEIF is opening a new chapter in the history of digital identity. The vLEI builds on the proven system of LEI numbers and creates a digital solution that enables organisations worldwide to confirm their identity securely and seamlessly. In a world where digital interactions and global trade […]

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