The Global Legal Entity Identifier Foundation (GLEIF) has reduced the license fee surcharge from USD $20 to USD $19. This lower fee will apply to all registration and maintenance transactions as of Jan. 1, 2016.
The Global Markets Entity Identifier (GMEI) utility is DTCC's legal entity identifier solution offered in collaboration with SWIFT. The GMEI utility is a pre-Local Operating Unit of the Global Legal Entity Identifier System (GLEIS).
The GMEI utility creates and assigns globally accepted Legal Entity Identifiers (LEIs) in a standard format (ISO 17442). The system validates the accuracy of the associated reference data and stores all the information in a public database free for all to use and redistribute. The information afforded by the GMEI utility is a critical tool for helping regulators and market participants understand exposures, enhance market transparency and manage systemic risk.
Among the key functions the GMEI utility supports are: