Pioneering Digital Organizational Identity in APAC: GLEIF Confirms China Financial Certification Authority as First China-based Qualified vLEI Issuer to Advance Transparency in Business and Trade Data

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GLEIF announced that the China Financial Certification Authority (CFCA) has become the first Chinese-qualified vLEI Issuer in the verifiable Legal Entity Identifier (vLEI) ecosystem. CFCA, established by the People’s Bank of China and approved by the National Information Security Administration, will leverage the vLEI—a new form of digitized organizational identity standardized by ISO—to drive automated authentication and verification of organizations and their representatives. This new capability complements existing Chinese identity verification systems, reducing fraud risks and enhancing compliance in sensitive transactions such as trade and payments.

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