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Simplified Introduction Original​

This document is the official guide for the GLEIF vLEI Ecosystem's Legal Entity vLEI Credential. It outlines its purpose, principles, policies, and usage specifications.

Key Terminology Original​

All capitalized terms are defined in the vLEI Glossary.

Credential Purpose Original​

The Legal Entity vLEI Credential aims to provide a reliable identification method for its holders to verifiers.

Credential Scope Original​

The document's scope is limited to the roles of Issuers, Holders, and Verifiers within the vLEI Legal Entity Credential.

Governing Principles Original​

The development of policies in this framework is guided by specific principles, in addition to the Core Policies of the vLEI Ecosystem.

Binding to Holder​

The Credential is designed to be strongly linked to its Holder, ensuring only they can fulfill proof requests. Original

Context Independence​

The Credential should be valid in any context, whether in-person, online, or over the phone. Original

Issuer Policies​

Issuers must adhere to specific qualifications and use the vLEI software and schema. Original

The identity of Legal Entities must be thoroughly verified by authorized representatives. Original

Credential Issuance​

Specific steps and verifications are required before and during the issuance of the Credential. Original

Credential Revocation​

Procedures for both voluntary and involuntary revocation of Credentials. Original

Level of Assurance​

The Credential is issued with a single Level of Assurance, with potential for future variations. Original

Holder and Verifier Policies​

No specific restrictions for Holders and Verifiers within the vLEI Ecosystem. Original

Credential Definition​

Details on the Credential's schema and the requirements for its elements. Original