The main objectives of the Global Legal Entity Identifier Foundation (GLEIF) Vendor and Services Providers Relationship Group are to jointly promote the Legal Entity Identifier (LEI) and related use cases, and to make it possible for the members to express their views on GLEIF’s existing LEI services or the developments of LEI services and to stipulate the development of additional LEI services.
As part of the group, CRIF acknowledges the increasing importance of LEI data and its relevance to KYC and risk management processes, acting as a catalyst for companies’ identity verification.
Thanks to the SkyMinder platform, CRIF clients will be able to access the full LEI database.
About the Global Legal Entity Identifier Foundation (GLEIF)
Established by the Financial Stability Board in June 2014, the Global Legal Entity Identifier Foundation (GLEIF) is a not-for-profit organization created to support the implementation and use of the Legal Entity Identifier (LEI) and its digital counterpart the verifiable LEI (vLEI). GLEIF is headquartered in Basel, Switzerland.
GLEIF’s mission is to manage a network of global partners to provide trusted services and open, reliable data for unique legal entity identification worldwide. GLEIF makes available the technical infrastructure to provide, via an open data license, online access to the full global LEI database free of charge to users. GLEIF is overseen by the Regulatory Oversight Committee, which is made up of representatives of public authorities from across the globe.
Diversity and inclusion underpin GLEIF’s values. This is reflected in its workforce of approximately 60 staff from over 20 nations, its operational excellence, and its commitment to open, global participation in the Global LEI System.
For more information, visit the GLEIF website.
Source: CRIF
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