The Deputy Governor of the People’s Bank of China (PBOC) has called for greater use of Legal Entity Identifiers (LEIs) as a key part of the digitisation of financial operations in China.
The Global Legal Entity Identifier Foundation (GLEIF) has produced a new e-book on ‘The Seven Step Process to Becoming a Validation Agent’, discussing the new role it has created to help financial institutions (FIs) overcome delays and make Legal Entity Identifier (LEI) issuance more efficient.
The Global Legal Entity Identifier Foundation (GLEIF) has applauded the first commercial demonstration of the use of Legal Entity Identifiers (LEIs) embedded within digital certificates.
The Global Legal Entity Identifier Foundation (GLEIF) has unveiled the issuance and technical infrastructure models that it will deploy in its new verifiable LEI (vLEI) system.
This week the Global Legal Entity Identifier Foundation (GLEIF) announced the next step for the Legal Entity Identifier (LEI): a fully digital LEI service capable of enabling instant and automated identity verification across all industries worldwide.
Last week the US Commodity Futures Trading Commission (CFTC) adopted a proposal to expand the use of Legal Entity Identifiers (LEIs).
The Financial Stability Board (FSB) announced that the Global Legal Entity Identifier Foundation (GLEIF), responsible for the LEI, would begin overseeing the unique identifiers used to track over-the-counter (OTC) derivatives this week from 1 October.
When public companies across Europe begin filing annual financial reports in the digital, machine-readable ESEF format at the start of 2020, alongside introducing iXBRL tagging, they will also begin to embed their Legal Entity Identifier (LEI) within reports.
In reporting, the only thing likely to create more confusion than having two standards covering one field, is having two XBRL taxonomies representing the same standard. Computers are terribly literal machines and won’t understand, for example, that Japan.LEI and Mexico.LEI are referencing the same thing.
Leading by example, this week the Global LEI Foundation (GLEIF) published its annual report in Inline XBRL format. But GLEIF went further than that. The report has also been published on the ESMA website as an example ESEF report. The report conforms to the requirements set out in the ESEF Regulation and the guidance in […]