Month: September 2024

Electronic commercial documents: More security through LEI and vLEI

25 September 2024

Electronic trade documents are becoming more critical in the increasingly digitalised world of global trade. Platforms such as WaveBL are driving this development by using innovative technologies to increase the security and transparency of transactions. The Legal Entity Identifier (LEI) and the verifiable LEI (vLEI) play a central role. These identification standards help to reliably […]

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U.S. Customs Agency advances trade modernization through global interoperability standards

9 September 2024

U.S. Customs and Border Protection (CBP) announces a significant step toward modernizing international trade. From 2024 to 2025, CBP will conduct a new phase of testing for global interoperability standards to make data exchange more secure, efficient, and transparent. These standards should not only revolutionize cross-border trade but also enable companies to process their imports […]

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The FDTA Proposal: How the LEI strengthens your business in the financial world

2 September 2024

US financial regulation is about to take a decisive step. The US federal financial regulators have published a proposal to introduce common data standards for financial reporting. This proposal’s heart is the Legal Entity Identifier (LEI) – a globally recognized standard for uniquely identifying companies. The LEI provides a clear and consistent solution for companies […]

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