The approved pilots cover payments, travel, and business compatibility. The EU Digital Identity Wallet is expected to go live in 2024.
December 27, 2022The FMA said Pencarrow Private Equity failed to retain and make readily accessible identity and verification records for customers.
December 19, 2022In a PoC, GLEIF demonstrated that embedding LEIs in eSeals allowed Japanese and European entities to transact digitally with greater trust.
December 15, 2022The guidance will help FIs develop alternative customer identification and verification procedures to help customers that are unable to meet standard ID requirements.
December 9, 2022Foreign investors will no longer need to register their identities prior to investing in Korean stocks. The dividend-payment process is also being revised.
November 30, 2022GLEIF will publish new open-source relationship files monthly which will map Market Identifier Codes pertaining to legal entities to the corresponding LEIs.
November 16, 2022The machine learning tool can extract the legal form from unstructured text and automate the assignment of entity legal form codes.
November 9, 2022Residential addresses and full ID numbers will be replaced with correspondence addresses and partial ID numbers. FIs can still apply for access to the full data.
October 30, 2022An app will be used to embed blockchain-powered digital IDs into mobile devices. Government officials will not have access to stored data.
October 20, 2022The new rules, which takes effect on 1 August, require mobile apps to force users to authenticate their identities.
June 22, 2022