In 2020, the European Systemic Risk Board issued a Recommendation on the introduction of an EU framework to uniquely identify legal entities engaged in financial activities.
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?
Supply chains are on the mind of the public more than ever before, thanks to pandemic-related disruptions. The growing demand for better intelligence on supply chains also means that they look set to be a hot topic in corporate reporting in coming years.
The European Insurance and Occupational Pensions Authority (EIOPA) has published today its revised Guidelines on the Legal Entity Identifier (LEI).
The Legal Entity Identifier (LEI) is a valuable element in digital reporting, reliably identifying filers over time and across jurisdictions, and connecting them with their financial data. For regulators, it helps facilitate risk analysis, market transparency and enforcement.
Our colleagues at XBRL US have responded to the Securities and Exchange Commission (SEC) consultation on disclosure requirements for credit ratings agencies, or Nationally Recognized Statistical Rating Organizations (NRSROs).
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.
It’s not too early to get ready for 2022! The Global Legal Entity Identifier Foundation (GLEIF) has put together resources on how to prepare for the implementation of three new Regulatory Oversight Committee (ROC) policies in March next year.