Global LEI Foundation

The Global LEI Foundation is a non-profit organization established to support the implementation and use of the Legal Entity Identifier system. It oversees the network of local operating units that issue these identifiers and ensures the integrity of the data.

The foundation maintains the global database, which is a public resource for identifying entities in financial transactions. By providing a central point of governance, it ensures that the LEI system remains reliable and accessible to everyone.

This is vital for transparency in the derivatives market, where tracking counterparty risk is paramount. The foundation also works to expand the use of LEIs to new areas, such as digital identity and supply chain management.

It plays a key role in making the global financial system more transparent and efficient. Their work is fundamental to the stability of modern financial infrastructure.