LEI System Is Taking Shape: GLEIF Established

With the establishment of the Global LEI Foundation (GLEIF) – the central institution of the Global LEI System (GLEIS) – another crucial step in the development of the system has been taken. The goal is to clearly identify entities within the global financial system and to be able to more easily detect potential risks within that system.
Some of the main tasks of GLEIF will be to coordinate the activities of the Local Operating Units (LOUs) via the introduction of specific standards, to ensure LEI data quality, and to centrally publish LEI data.
www.leiroc.org/publications/gls/gleif_20140629_2.pdf

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