LEGAL ENTITY IDENTIFIER
Understanding LEI – A Comprehensive Guide
What is a Legal Entity Identifier?
This guide will show you everything you need to know about this identification measure, who exactly is affected by it, why the introduction of this policy is important and finally the relatively simple process of getting your LEI-number.
- LEIs are designed to guarantee transparency
- LEIs are a legal requirement
- An LEI is valid for one year
Why does my company need an LEI?
The legal entity identifier is designed to prevent abuse, financial cover ups and – ideally – another financial crisis. A Legal Entity Identifier is mandatory for a company to be active on the financial market.
Why is an LEI necessary?
The Legal Entity Identifier provides information about…
What does the ISO 17442 standard regulate?
The structure of an LEI
Legal Entity Identifier – The Status
How long is an LEI valid?
Why do LEI numbers have to be renewed?
LEI search & LEI database
The Global Legal Entity Identifier Foundation lists all LEIs in its database. Here you can access this database and search for LEIs and companies.