Get an LEI number here

LEI Service helps you obtain an LEI number. Just enter your company  number or name in the field above and confirm your data from Companies House (if listed). Next, fill out your information about the ownership structure of your entity. When this is done, we will take care of the application process for you. If we do not require additional information from you, your new LEI code will be issued in 10 minutes to 48 hours.

The GLEIF LEI database is updated once daily. This means that although the LEI number is valid when you receive it, it may take up to 24 hours before your bank or investment platform will be able to verify the validity of your LEI number.

LEI numbers must be renewed annually. This is to ensure that the information concerning the legal entity listed in the LEI Index is always correct and up-to-date.

At LEI Service, we offer the option of purchasing multi-year renewals. This allows us to update your LEI with the information in the official register. If any changes are made to this information, the legal entity is obligated to inform us so we can update the data in the GLEIF Index. We do this at no additional cost.

Without a valid LEI number, your legal entity will not be able to perform or participate in any financial transactions. An expired LEI code must be renewed to restore its validity.

The data of the LEI are referred to as reference data. It is the responsibility of the legal entity behind each LEI to notify the LEI issuing organisation (the LOU) of any updates to the reference data. All users of the LEI data can challenge the data contained in any LEI. Such a challenge triggers a review of the LEI data by the LEI issuing organisation. Verifications of or updates to an LEI are processed at no additional cost. This is done by the managing LEI issuer.

GLEIF are responsible for monitoring the LEI data quality. A data quality management programme ensures that the LEI is the best industry standard.

You can read more about data quality management here.

The GLEIF LEI database is only updated once a day. It may take up to 24 hours before your bank can verify a new LEI registration. Another source of error is if your LEI has lapsed and is no longer valid. This can happen if you forgot to renew your LEI number. We can help you renew your LEI here.

The short answer is no. However, in 2015 the LEI ROC made public a statement containing the conditions under which an individual acting in a business capacity could be eligible to obtain an LEI number. You can read the statement here.

GLEIF stands for Global Legal Entity Identifier Foundation. GLEIF is a non-profit organisation established by the Financial Stability Board in June 2014. GLEIF was founded to support the implementation and use of LEI numbers.

You can find more information about GLEIF here. 

In 2011 the G20 (Group of Twenty) asked the Financial Stability Board (FSB) to make recommendations to a global Legal Entity Identifier (LEI) system and oversight of this.

This led to the development of the Global LEI System. The issuance of LEI numbers enables unique identification of legal entities participating in financial transactions. The FSB underlined that a global acceptance of the LEI system will contribute to several financial stability goals. It also provides advantages to the private sector.

More information on the Global LEI System can be found here.

The LEI system is made up by three layers:

• Layer 1: the LEI Regulatory Oversight Committee (ROC). The ROC consists of multiple public authorities from various nations. It was established in 2013 to coordinate and supervise the framework of the Global LEI System.

• Layer 2: the Global LEI Foundation (GLEIF). Established in 2014 by the Financial Stability Board, GLEIF is a non-profit organisation meant to help with the use and implementation of LEIs. The purpose of GLEIF is to ensure that the Global LEI System has operational integrity.

• Layer 3: LEI issuing organisations. The issuers of LEIs are also called Local Operating Units (LOUs). LOUs are responsible for LEI registration, LEI renewal, and complementary services.

You can find more information here. 

The Legal Entity Identifier (LEI) is connected to key data which enable unique identification of legal entities participating in financial transactions across the globe. The LEI data are made publicly available to create and improve transparency on the global markets.

The free information connected to the LEI provides standardised information on legal entities on a global scale. The data incorporated in each LEI are verified through procedures and protocols set by the LEI Regulatory Oversight Committee. The purpose of the Global LEI System is essentially to answer questions on two levels of data:

• Level 1: who is who?

• Level 2: who owns whom? And who owns what?

LEI stands for Legal Entity Identifier. An LEI number, or LEI code, is a 20-character code which legal entities (e.g. businesses, trusts, or charities) may be required to obtain in order to participate in financial trades and transactions on the global market. No LEI, no trade.