Overview of the International Legal Entity Identifier Foundation
The International Legal Entity Identifier Foundation (ILEIF) is a non-profit entity dedicated to overseeing the registration of organizations possessing a global LEI code for the purpose of legal entity identification. Inclusion in the registry indicates a company’s authorization to engage in financial activities across worldwide markets under the supervision of the Regulatory Oversight Committee.
Services and Operations
ILEIF manages a network of partners responsible for assigning LEIs, ensuring the accuracy and promptness of data. Key services provided include:
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LEI Search – enables users to access the online database for code information.
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LEI Statistics – publication of statistical data and reports on code allocation presented through graphs and a global map.
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LEI Registry Issue Resolution – conducts verifications and promptly updates records as needed.
Core Values and Objectives
ILEIF upholds values such as efficiency, integrity, respect, transparency, and openness. The foundation’s primary objective is to facilitate the widespread use of LEI codes to enhance risk management, improve decision-making accuracy, simplify assessments, and elevate the quality of financial information.
Contact Details
ILEIF is headquartered at St. Alban-Vorstadt 5, 4052 Basel, Switzerland, with official representations in Germany and the USA. For inquiries, please contact via email at [email protected] or [email protected]. The foundation maintains active social media profiles on Twitter, Youtube, and LinkedIn. Regulatory documentation is readily accessible on the official website.
Final Thoughts
ILEIF plays a crucial role in ensuring the operational integrity of the global LEI system, empowering users to make well-informed decisions and engage in business activities with confidence. With its independent structure and the oversight of the Regulatory Oversight Committee, ILEIF holds a significant position within the financial markets.
This review has been prepared by the specialists at ExpertsReview.