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Indian SMEs on the path to global recognition through LEI registration

30 March 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 […]

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Data quality management and its importance for the Indian market

27 February 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 […]

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

18 October 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 […]

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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, […]

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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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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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