In episode 24, Clare and Oscar delve into the world of the Legal Entity Identifier (LEI) – what exactly is an LEI; the GLEIF's role in ensuring the operation of the Global LEI System and promoting LEI engagement; and the specific, quantifiable benefits that the LEI can bring to the banking sector.

"Consumer protection, greater transparency in the supply chain, and the detection and prevention of fraud can be achieved only through full transparency of counterparties."

Clare Rowley is the Head of Business Operations at the Global Legal Entity Identifier Foundation (GLEIF). Prior to working with GLEIF, Ms. Rowley worked at the United States Federal Deposit Insurance Corporation where she led technology initiatives improving bank resolution programs and contributed to research on subprime mortgages.

Find Clare on LinkedIn.

Established by the Financial Stability Board in June 2014, the Global Legal Entity Identifier Foundation (GLEIF) is a not-for-profit organisation created to support the implementation and use of the Legal Entity Identifier (LEI). GLEIF is headquartered in Basel, Switzerland. GLEIF services ensure the operational integrity of the Global LEI System. GLEIF also makes available the technical infrastructure to provide, via an open data license, access to the full global LEI repository free of charge to users. GLEIF is overseen by the LEI Regulatory Oversight Committee, which is made up of representatives of public authorities from across the globe. GLEIF has obtained the ISO/IEC 20000-1:2011 certification in October 2019 for its Partnership Program Services to the LEI issuing organisations (LOUs).

For more information, visit the GLEIF website at https://www.gleif.org/en

Ubisecure is a Local Operating Unit (LOU) for the GLEIF through its RapidLEI service and is the number one issuer of LEIs worldwide. Find out about becoming a RapidLEI partner at rapidlei.com/partners.

We’ll be continuing this conversation on LinkedIn and Twitter using #LTADI – join us @ubisecure!