The Global Legal Entity Identifier Foundation (GLEIF) has named the Shanghai Electronic Certification Authority (SHECA) as its newest Qualified vLEI Issuer (QVI),
The vLEI is a globally standardised, secure digital counterpart to the Legal Entity Identifier (LEI), providing cryptographically verifiable organisational identity.
SHECA, one of China’s Certification Authorities, will now offer authoritative vLEI issuance, validation and verification services. This appointment will help Chinese companies address regulatory requirements in cross-border trade by verifying the identity of counterparties and their representatives, supporting applications like e-invoices and e-bills of lading (eBL).
“SHECA’s approval as a QVI marks a significant expansion of the vLEI ecosystem in China, which stands to increase the adoption and application of the vLEI across the region to foster simpler, smoother, and safer trade,” said Alexandre Kech, GLEIF chief executive.
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