LEI Lookup – Fully dedicated LEI search website

The LEI database, which is managed by the Global Legal Entity Identifier Foundation (GLEIF), is completely transparent and accessible to everyone - regulators, businesses and other entities - regardless if they possess an LEI code themselves. This guarantees transparency between the parties involved in any financial transaction. As the LEI codes are renewed each year, the database can be relied upon to display only up to date information. The LEI Lookup website not only offers information about the LEI code and its uses, but also a comprehensive Search tool, as well as LEI Registration, Transfer and Renewal service. Continue reading...

ISIN to LEI mapping

Within the world of hundreds of thousands companies, there are two primary identifiers used in finance. The first one being The International Securities Identification Number, otherwise known as ISIN, second The Legal Entity Identifier known as an LEI. These identifiers have a lot in common, they're both used to increase transparency and made up of alphanumeric digits with check numbers. Continue reading...

GLEIS | Global LEI System

The Global LEI System (GLEIS) was born out of the 2008 Global Financial Crisis (GFC), when it became apparent that there was a greater need for transparency and security. GLEIS ensures straight forward, unambiguous identification of participants in financial transactions. Continue reading...

MiFID regulation | MiFID II LEI

MiFID is the Markets in Financial Instruments Directive. Applicable across the European Union since November 2007. Being a cornerstone of the European Union's regulation of financial markets looking to improve their competitiveness by generating a single market for investment services and activities, and to guarantee a high degree of systematised protection for investors in financial instruments. Continue reading...

vLEI

vLEI will give legal entities, government organisations and organisations worldwide the ability to use non-repudiable identification data pertaining to their legal status, ownership structure and authorised representatives in their business activities.  Continue reading...

GLEIF | Global Legal Entity Identifier Foundation

GLEIF is uniquely positioned in the entity identification market, agnostic to any particular political and/or commercial interests. The foundations' overhaul is to ensure the operational integrity of the Global LEI System. GLEIF is the one behind continuous improvement of the information available within, and the quality of, the LEI data pool. Continue reading...

Company Autocomplete by LEI Register

The newest addition for optimising user experience being an autocomplete plugin. “Company Autocomplete by LEI Register” is open source software, by enabling this plugin it'll add an autocomplete function to the company name field in your standard Woocommerce checkout form. Continue reading...

Open LEI

What is the open LEI system?

The Global Legal Entity Identifier Foundation (GLEIF) a not-for-profit organisation established in 2014 following the G20’s request to the Financial Stability Board to provide suggestions for a global Legal Entity Identifier (LEI) and a supporting governance structure, subsequently leading to the Global LEI System (GLEIS), providing unique identification of legal entities participating in financial transactions worldwide by issuing LEIs and having an open LEI system.

GLEIF’s mission is to oversee the operational integrity of the Global LEI System. The foundation is overseen by the LEI Regulatory Oversight Committee (LEI ROC), an organisation made up of public authority representatives from around the world. The issuers of LEI, otherwise known as Local Operating Units (LOUs) are authorised by GLEIF to issue LEIs to legal entities who engage in financial transactions.



Why was the open LEI system created?

Before the widespread adoption of the open LEI system, there were many inefficient, predominantly proprietary identifiers that, more often than not, provided false or outdated information. These shortcomings were a severe problem, particularly in financial markets, where the regulators, banks or other market participants were unable to access valid information about their counterparties.

Information accuracy and reliability are the foundation of trade, and any shortcoming affects everything from the ability to process transactions to the capacity to discern systematic risk automatically. The open LEI system solves this problem by providing permanent, IP-free, unique identifiers for all entities who undertake financial transactions.

 

Anyone can access the open LEI data, that includes:
1. Registered and trading names
2. Company type (e.g. Fund, Trust, Limited Liability Company)
3. Registered address(es)
4. Company registration number
5. Parent company information
6. Child company information

The global open and available LEI  database can be accessed by LEI Search, a user-friendly interface to the Legal Entity Identifier (LEI) system. It is publicly available with updates provided on a daily basis.

The code was introduced as a critical measure to better the quality and precision of financial data systems for better risk management post the Global Financial Crisis. So it’s essentially a business passport, which identifies your company and makes it possible to check if your counterpart is who they’re claiming to be. It’ll provide access to the global directory of participants that exist within the financial market. The LEI Search interface triumphs former time-consuming background checks, allowing to systematically browse the GLEIF database and can be easily integrated into your know your customer (KYC) process.


The LEI number/code

An LEI consists of 20 characters and will be issued to each company once:

  • The first 4 characters are unique to the LOU which has issued the LEI.
  • The 5th and 6th characters are the same – 0 for every company.
  • The following 12 characters consist of letters and numbers and are unique for each company.
  • The final 2 characters are known as the checking characters.

The Legal Entity Identifier information needs to be updated every 12 months.

 


Who needs an LEI?

LEI will be issued to any legal identity including but not limited to all

  1. Banks, lenders, and investment companies
  2. Commodities traders
  3. CFDs (Contracts For Differences)
  4. Entities listed on the stock exchange
  5. Financial intermediaries
  6. Investors in mutual funds and hedge funds
  7. Trade OTC derivatives
  8. Self-Managed Superannuation Fund traders and investors
  9. Pension schemes
  10. Any entity needing to comply with the SFTR (Securities Financing Transaction Regulation)Check with a local registration agent if unsure about your need for an LEI.

APPLY NOW

LEI Register offers the fastest LEI obtaining process, together with an excellent customer service, operating in more than 35 countries. Established in 2018 LEI Register has grown into one of the biggest LEI registration agents in the world. In partnership with RapidLei (an LOU), they’ve optimised the LEI requiring process by making it easier, faster and more affordable.

European Market Infrastructure Regulation | EMIR

European Market Infrastructure Regulation (EMIR) is a European Union regulation for over-the-counter (OTC) derivatives, central counterparties as well as trade repositories first introduced by the EU in 2012 in fulfilment of their commitment at the G20 summit, an international forum for the governments and central bank governors of the European Union and 19 other countries promoting international financial stability. Continue reading...

What is an LEI database?

LEI database has greatly simplified dealing with international clients as there's no need for a time-consuming background check where previously the only information being relied upon was the company's own internet presence and local registry listings; often leading to hours of translating and web browsing with little confidence of the authenticity. Continue reading...

LEI Application – Apply For An LEI Online

LEI application online

Applying for an LEI is a simple and straightforward process. With a reputable service such as LEI Register, an LEI application can take as little as three hours to process, after which you’ll receive your LEI and your information will be added to the global LEI database for anyone to search. Continue reading...

LEI Checker – Search Your LEI Online

LEI checker

An LEI checker is the easiest way to make sure your LEI code is valid. Anyone can use them to find all the information provided by their own LEI code or to get information about another entity. Read our guide to find out how to use an LEI checker to use the information the codes contain to your benefit. Continue reading...

Who Needs An LEI Number?

Question mark

Who needs an LEI number? LEI is needed by legal entities who take part in financial transactions and who wish to trade in financial markets, such as buying stocks, bonds or other securities. There are also many regulations (dependant on jurisdictions) that require to obtain an LEI. Continue reading...

LEI Lookup for MT Companies

LEI lookup

In the event that you need to search for the information within a Legal Entity Identifier (LEI), an LEI lookup tool makes it simple for anyone to reveal details such as the country, entity status and legal name of a company. This is useful for validating an LEI number or ensuring that the information held in the entity has been updated. Continue reading...

LEI for Trusts

LEI for Trusts

A Legal Entity Identifier (LEI) is a unique reference code that is required by all legal entities. LEI data is available from a single database that helps to improve global entity identification. This includes companies, charities and also trusts. Without an LEI, an entity will not be able to trade on financial markets in the United Kingdom as the London Stock Exchange requires all legal entities to obtain an LEI. Continue reading...

Legal Entity Identifiers in KYC

Legal Entity Identifiers in KYC.fw

KYC is a process of understanding who you do business with and assessing their suitability or risk to your organisation. Banks, insurers, creditors and more are increasingly demanding (thanks to the global drive in KYC regulation) that customers provide due diligence information to ensure they are who they say they are. Continue reading...

Digital Identity Predictions for 2020

A national identity scheme tell us a lot about the state that creates it. Schemes come in many forms with the government taking many roles from identity issuer to regulator. What does 2020 have in store for digital identity? Here’s some of our predictions. Continue reading...

The Future of Cybersecurity – Deloitte

The Future of Cybersecurity - Deloitte.fw

Deloitte publishes its “Future of Cyber Survey” after surveying over 500 C-suite executives with responsibility of cybersecurity in organisations that make at least $500 million in annual revenue. We will review and summarise some of the findings of the survey in this blog. Continue reading...

How to Open a Business Bank Account in the UK

How to Open a Business Bank Account in the UK.fw

Learn how to open a business bank account in the UK. Business banking is just a simple way to manage your business finances, expenses and claims to HMRC. The easier the better when it comes to paying fair taxes and that’s why the UK has a range of offers on the market for businesses who want to open an account in the UK. Continue reading...

Legal Entity Identifiers in Digital Certificates

Legal Entity Identifiers in Digital Certificates.fw

Digital certificates are hugely important in encrypting the internet. Whether it’s for encrypting a website and adding the ‘S’ to HTTPS or it’s encrypting and signing a digital document like a PDF, digital certificates are everywhere. Up until now, they have solved some great security challenges on the internet by encrypting networks and communication channels. However, as we know, encryption is not always enough. Continue reading...

RegTech London – Event Summary

RegTech London

RegTech took place on 3rd October 2019 in St Paul’s London. The event was aimed at exploring how the financial services industry can leverage technology to innovate, cut costs and support regulatory change. St Paul’s saw a culmination of start-ups, technology providers, financial institutions, regulators and practitioners for a day of networking, seminars and collaboration. Continue reading...

What is LEI-Search?

LEI Serach

LEI-search.info offers the most important information when it comes to Legal Entity Identifier providers. Potential customers can easily find the most suitable LEI code provider based on the LEI code’s price, LEI code’s average processing time, payment methods or the website language. The Legal Entity Identifier’s table is sortable by registration price, renewal price or by the average processing time. Continue reading...

LEI Register launch free Legal Entity Identifier promotion and introduce new LEI subscription service – FastLEI

FASTLEI

Tallinn, Estonia. May 7, 2019 – LEI Register, a leader in the provision and management of Legal Entity Identifiers (LEIs), today announced the launch of its new FastLEI service to introduce subscription business model advantages to organisations using LEIs. Available for the first time in the LEI industry, subscription advantages include free initial LEI creation periods, automated ongoing data accuracy checks, and predictable recurring monthly fees. Continue reading...

LEI Register and RapidLEI Announce Official Partnership

London, UK and Tallinn, Estonia. January 10, 2019 - LEI Register, a leader in the provision and management of Legal Entity Identifiers (LEIs), and RapidLEI, a fully accredited LEI issuer specialising in the automation of the LEI issuance process, today announced a partnership. LEI Register will offer LEIs issued by RapidLEI, to make the registration of LEIs faster and more accurate for their global customers. Continue reading...