News & Media Press Releases

GLEIF Welcomes E-Arbitrator as Bloomberg's First Validation Agent in the Global LEI System


  • Date: 2024-10-08

The Global Legal Entity Identifier Foundation (GLEIF) announced that E-Arbitrator has been approved as the latest Validation Agent within the Global Legal Entity Identifier (LEI) System, becoming the first Validation Agent of Bloomberg Finance LP, a GLEIF-accredited LEI issuer. E-Arbitrator, a legal risk management platform for businesses involved in complex legal transactions and cross-border trade, will facilitate LEI issuance for contract management and dispute resolution case management across key African markets, including Rwanda, Uganda, Kenya, Tanzania, Ghana, Nigeria, Mauritius, Morocco, Mozambique, Egypt, and South Africa. This initiative enhances E-Arbitrator's onboarding and KYC management processes by integrating LEIs into due diligence and contract lifecycle management, thereby strengthening KYC procedures and mitigating legal risk.

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