News

The rise of the LEI: Why the Legal Entity Identifier is becoming increasingly important

8 czerwca 2023

The Legal Entity Identifier (LEI) plays a central role in identifying legal entities in the global financial world. This unique 20-digit alphanumeric code facilitates the tracking and management of basic information about companies, investment funds, government agencies, and other organisations. The assignment of this unique code improves transparency and consistency in the capital markets. The […]

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LEI number: A crucial tool for the regulation of crypto assets

18 maja 2023

Amidst the turmoil caused by the collapse of cryptocurrency exchange FTX, Stephan Wolf, CEO of GLEIF, highlights the crucial role of the Legal Entity Identifier (LEI) in regulating crypto assets. The discussion about the need for a more robust regulatory framework for digital asset trading is strongly reminiscent of the calls for more transparency made […]

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India’s economy on the rise: The role of the LEI in modernising trade infrastructure

6 kwietnia 2023

The rapid growth of identity and digital trust technologies is transforming global commerce. According to a recent study by IDC, 79% of digitally mature organisations worldwide will prioritise trust programmes in 2023 to close security gaps and strengthen data protection. This change is crucial not only in Western countries but also in emerging markets such […]

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Indian SMEs on the path to global recognition through LEI registration

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

26 stycznia 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 […]

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

13 grudnia 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 […]

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

2 listopada 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 […]

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

18 października 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 września 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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