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Challenge LEI Data

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The centralized challenge facility made available by the Global Legal Entity Identifier Foundation (GLEIF) extends the ability to trigger updates of Legal Entity Identifier (LEI) data to all interested parties. Specifically, it offers an easy and convenient means to trigger the verification and, where required, speedy update of LEI records including related reference data.

The GLEIF Data Challenge Facility provides any user of LEI data with the opportunity to substantiate doubts regarding the referential integrity between LEI records, or the accuracy and completeness of the related reference data. It also allows the indication of possible duplicate entries or any lack of timely response to LEI related corporate actions.

The GLEIF Data Challenge Facility supports challenging relationship information shown on LEI Search. By exploring the LEI Reference Data of a specific LEI record, the user is able to request a data change on the declared direct and ultimate parent relationships and exceptions.

One LEI data record may be challenged at a time (as many fields as needed within that record may be challenged). Challenging several LEI data records requires the entry of one challenge per record.

Once a challenge has been logged using the online form available on the GLEIF website, GLEIF immediately conveys the information to the relevant LEI issuing organization  for follow-up.

Should the correctness of an LEI data record be called into question through the GLEIF challenge facility, it is the responsibility of the relevant LEI issuing organization to resolve the matter in dialog with the impacted legal entity. If required, and subject to further verification against an authoritative source, the LEI issuer will update the information related to an LEI record. The LEI issuer aims to resolve a challenge within ten business days.

GLEIF encourages all users of LEI data to take advantage of this GLEIF service designed to further enhance the reliability and usability of the publicly available LEI data pool.

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