In an increasingly online world, the need to verify legal entities accurately is paramount. Enter artificial intelligence (AI), a transformative technology that holds the promise of automating entity verification and monitoring, thereby reducing the risk of fraud and criminal activities.
The Global Legal Entity Identifier Foundation (GLEIF) plays a pivotal role in monitoring and facilitating the adoption of the Legal Entity Identifier (LEI) in regulatory reporting and supervision. GLEIF regularly updates its list of current and proposed regulatory activities involving the utilisation of LEIs, reflecting the ongoing commitment to transparency and regulatory compliance.
A blog post by Global Legal Entity Identifier Foundation (GLEIF) CEO Stephan Wolf provides a tantalising view of a new approach to digital identity for business reports (amongst countless other things).
The Global Legal Entity Identifier Foundation GLEIF and Open Ownership have joined forces to introduce Legal Entity Identifiers (LEIs) into datasets that are in line with with the Beneficial Ownership Data Standard.The primary goal is enhancing transparency in corporate ownership and control in support of secure, faster payments.
With data from all across the globe, it’s crucial the Global Legal Entity Identifier Foundation (GLEIF) work with data standards to ensure that the Legal Entity Identifier (LEI) is reliable worldwide.
The Global Legal Entity Identifier Foundation (GLEIF) has launched an Issuer Qualification Program for the verifiable Legal Entity Identifier, or vLEI.
The Global Legal Entity Identifier Foundation (GLEIF) marked a milestone this week with the first ever use of the verifiable Legal Entity Identifier (vLEI), in the signing of its 2021 annual report.
From 1 March 2022, all Global Legal Entity Identifier Foundation (GLEIF) services will accept and display data in updated Common Data File (CDF) formats, requiring users to implement these file formats by that date for uninterrupted access to LEI data.
“For businesses the world over, confidence in digital authenticity is in short supply,” writes Stephan Wolf, CEO of the Global Legal Entity Identifier Foundation (GLEIF).
How can we ensure that we can draw meaningful conclusions from environmental, social and governance (ESG) data – and what does a digital fingerprint for companies and similar entities have to do with it?
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XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
