GLEIF Definition
Comparison of Key Entity Identifiers
| Feature | LEI (ISO 17442) | DUNS Number | EIN (Tax ID) |
|---|---|---|---|
| Format | 20-digit Alphanumeric | 9-digit Numeric | 9-digit Numeric (XX-XXXXXXX) |
| Scope | Global Financial Markets | Commercial Business Credit | U.S. Tax & Employment |
| Governing Body | GLEIF / LOUs | Dun & Bradstreet (Proprietary) | Internal Revenue Service (IRS) |
| Public Access | Free (Open Data) | Restricted (Licensing Required) | Private (Owner / IRS only) |
💡 Expert Guidance
Pro Tip: When submitting an LEI (GLEIF) application to an accredited LOU, ensure that your legal name and address match your state registry (such as the Secretary of State) exactly. Even a minor abbreviation discrepancy (like 'Corp' vs 'Corporation') can flag the application, causing verification holds and delays.
Frequently Asked Questions
What is the official definition of GLEIF in compliance registry records? ▾
The term 'GLEIF' is defined in compliance registers as: The Global Legal Entity Identifier Foundation. The international non-profit foundation established to oversee and maintain the global LEI registry. This concept forms a primary component of corporate entity resolution and industry classification frameworks.
Which governing authority is responsible for publishing and maintaining the GLEIF standard? ▾
The standard for GLEIF is published, validated, and maintained under the direct oversight of the Global Legal Entity Identifier Foundation (GLEIF). They verify updates and publish the official registers for compliance audits.
What is the standard format and character length used for GLEIF entries? ▾
The standard format for GLEIF is structured as a 20-digit alphanumeric structure consisting of a 4-character LOU prefix, 2-character reserve, 12-character entity key, and 2 check digits. This specific layout guarantees formatting uniformity and prevents collisions in corporate databases.
How is GLEIF utilized during regulatory compliance and entity registration? ▾
Organizations utilize GLEIF during global financial transaction reporting, swap trade clearing, and risk analysis by banking regulators. Having a verified identifier is essential to transact with government bodies and complete bank KYC reviews.
Are there mathematical checks or checksum algorithms associated with GLEIF codes? ▾
Many corporate identifiers associated with GLEIF utilize mathematical checks (such as the ISO 7064 Mod 97-10 check digit routine or the omission of confusing characters) to detect transcription errors during manual entries.
Does an organization's GLEIF identifier expire or require periodic renewal? ▾
Depending on the specific registry, identifiers associated with GLEIF require annual renewal (e.g. keeping SAM.gov active every 12 months, or renewing LEIs with an LOU) to ensure the registry data remains accurate.
Can a business have more than one GLEIF code assigned to it? ▾
For entity registrations or classification standards like GLEIF, a business typically has a single primary identifier or code. For secondary classifications, a business can list multiple additional GLEIF codes depending on the registry rules.
Is obtaining a GLEIF identifier free or are there registration fees? ▾
Whether obtaining a GLEIF identifier or standard is free depends on the registry. Federal identifiers (such as SAM.gov UEIs and CAGE codes) are completely free to obtain. However, international standards like the LEI require paying registration and annual renewal fees to the issuing LOU.
How can an auditor or compliance officer verify the status of a GLEIF entry? ▾
A compliance officer can verify the status of a GLEIF entry by querying the official registry database (such as the GLEIF index, SAM.gov public search, or the DLA portal) or by using the instant lookup tools on our site.
Is the GLEIF classification standard uniform across all states in the U.S.? ▾
Yes, standard guidelines governed by federal or international agencies for GLEIF are uniform nationwide, ensuring consistent compliance verification across all jurisdictions.
Related Guides & Tools
- How to Query and Verify Entities via the GLEIF Golden Copy Database — Explains how to use the Global LEI Foundation search index to query entity details, active status, and corporate relationship hierarchies.
- SIC ↔ NAICS Concordance Crosswalk — Search and map old SIC codes to modern formats.
Sources & References
- Global Legal Entity Identifier Foundation (GLEIF): GLEIF Golden Copy and Reference Data Registry
- International Organization for Standardization (ISO): ISO 17442:2020 Financial services — Legal Entity Identifier (LEI)
- International Organization for Standardization (ISO): ISO 7064:2003 Check character systems
- Financial Stability Board (FSB): LEI Governance and Implementation Progress Reports
- Commodity Futures Trading Commission (CFTC): Swap Data Recordkeeping and Reporting Requirements (LEI Mandate)
- U.S. Securities and Exchange Commission (SEC): Form N-PORT and Investment Company LEI requirements
- European Securities and Markets Authority (ESMA): MiFID II/MiFIR LEI requirements and 'No LEI, No Trade' policy
- Regulatory Oversight Committee (ROC): ROC Committee Guidelines for Global LEI System
- Federal Reserve Board (FRB): Supervision and Regulation Letter SR 14-7 on LEI Expectations
- Global Legal Entity Identifier Foundation (GLEIF): GLEIF Accreditation Requirements for Local Operating Units (LOUs)