ITSM 707855
Legal Entity Identifier Services by GLEIF
AI agents are initiating payments. On whose authority?
A new GLEIF working paper sets out how a counterparty can computationally verify the organization behind an AI agent, the authority delegated to it, and the limits of that authority. Payment scenarios show what the infrastructure has to support.
Read the working paper
The LEI in cross-border payments
When the LEI is added as a data attribute in cross-border payment messages, any originator or beneficiary can be precisely and instantly identified. This makes the payment process faster, cheaper, more transparent, and more inclusive.
Find out moreOne global identity behind every business
GLEIF Mission
We enable trust and transparency through open, global organizational identity - GLEIF supports the Global LEI System as a public good, using open standards and accessible data to build trust across borders. The Legal Entity Identifier (LEI) identifies organizations, while the verifiable LEI (vLEI) enables digital verification of their identity and representatives’ authority.
Our Vision
One Verifiable, Trusted, Global Identity Behind Every Business - We envision a future where every business has a single trusted global identity – the Legal Entity Identifier (LEI) – hardwired into all relationships and transactions.
Governance Structure
The LEI initiative is driven by the Group of 20 and the Financial Stability Board (FSB). Created by the FSB in 2014, GLEIF is a supra-national, not-for-profit organization tasked to manage the only open, non-proprietary legal entity identification system designed as a public good.