Wider usage of the global LEI system in 2024
The G20 countries has suggested widening the use of the LEI system, specifically in regards to cross border transactions.
The GLEIF Vendor and Services Providers Relationship Group
Today, November 26, 2024, Global FinReg has become a formal member of GLEIF’s Vendor and Services Providers Relationship Group.
The membership formalizes the collaboration with GLEIF and gives Global FinReg a forum in which to actively engage in dialogue with lawmakers and peers.
“We are very happy to be included in this GLEIF-mandated network of ambitious peers and technology providers,” says David Silverman, CEO of Global FinReg. “Since 2017, we have been passionate proponents of and participants in the global LEI system, and we welcome the opportunity to partake in setting an ambitious agenda for the future.”
The future of corporate identity solutions
Since Global FinReg’s inception in 2017, the company has grown from being a LEI registration agent to becoming both a registration agent and a technology provider.
This has led to major partnerships with global companies such as Nasdaq and Concordium. It has also yielded valuable insights and extensive experience within areas such as:
"We are always looking for ways to combine our LEI industry knowledge and regulatory know-how to ensure digital security,” continues David Silverman. “We consider the future possibilities within this space to be endless.”
The G20 countries has suggested widening the use of the LEI system, specifically in regards to cross border transactions.
An LEI code is a 20-character alphanumeric code that contains info about the company, including name, address and ownership. Here's everything you need to know.
All companies participating in financial transactions must have an LEI code.
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