GLEIF Publishes Semantically Correct Model Integrating LEI into XBRL

The purpose of the project is to represent the LEI in a standard way in key standards and to make available the same documentation, in terms of context, text, and element descriptions, regardless of the differing graphical representations or syntax of the LEI in other standards. The initiative also facilitates providing the LEI in machine-readable form to enable its inclusion in the technical representations of other standards. This will result in correct and consistent usage of the semantic representation of the LEI and its reference data by each organization. Consequently, stakeholders will have one semantically correct model in each standard for the LEI and its reference data. GLEIF establishes and participates in the relevant formal groups for development work on the semantic representations of the LEI and its reference data with the standards organizations. 

Related Links

• LEI Model in XBRL
• Semantic Representation of LEI

Keywords: International, Banking, Insurance, Securities, XBRL, Taxonomy, LEI, Semantically Correct Model, XBRL International, GLEIF