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Apply for your
Legal Entity Identifier (LEI)

An LEI is an internationally verified, G20-endorsed unique identity code. The LEI is rapidly becoming a key identifier in the global financial ecosystem. 

LEIs are mandatory for any entity looking to trade in financial transactions. 

Why LEI is required?

The lack of transparency during the global financial crisis became a problem for financial institutions.

 

To prevent this from happening again, the G20 established the LEI system.

 

The primary goal is to simplify, standardize, and facilitate the identification of any legal entity globally.

Who needs an LEI?

Any legal entity engaging in financial transactions or operating in today's global financial ecosystem must have an LEI. It includes:

 ✔ Financial intermediaries (CSDs)


 Banks, investment companies, and lenders


 Trade OTC derivatives (except private individuals)


✔ SMSF (Self Managed Superannuation Funds) traders and trustees ​


✔ Investment Vehicles, mutual funds, hedge funds


✔ Pension schemes


✔ Commodities trading


✔ CFDs (Contract for Differences)  


✔ Securities transactions, SFTR reporting  


✔ Entities listed on a stock exchange

Placement Agent as a Partner

Offer an additional service that saves money and time to your investors

 

Earn an additional revenue stream every time they invest overseas

1. What is an LEI number

The Legal Entity Identifier (LEI) is a 20-character alpha-numeric code based on the ISO 17442 standard established by the International Organization for Standardization (ISO).

It is specific to a legal entity, such as a Limited Company, Fund or Trust, or any other organization.

Because multiple entities may have similar or the same name, this code allows each entity to be identified on a global database of entities searchable by code instead of name.

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2. LEI code structure

​​All LEI numbers issued follow the shown structure. Each LEI number, on the other hand, is unique and stores relevant information for each entity in the LEI database.

Following the G20's creation of the Legal Entity Identifier (LEI) Code concept, the Financial Stability Board (FSB) established a new monitoring body to oversee its implementation. The foundation is known as the Global Legal Entity Identifier Foundation (GLEIF).

GLEIF is in charge of accrediting and supervising financial institutions that can issue Legal Entity Identifiers. Only these institutions, known as Local Operating Units (LOUs), are authorized to issue LEIs.

Deaglo has partnered with one such agent to meet all of your LEI-related needs.

Get your LEIs in hours, not days. The fastest LEI registration worldwide

An LEI code can be obtained from the Local Operating Unit (LOU) or the LEI Registration agent. We've partnered with LEI to complete your LEI registration in hours.

 

The following is a step-by-step procedure.

  1. Complete the 10-minute registration form and pay the required fee.

  2. We will begin the process of registering your legal entities with the LEI database.

  3. A confirmation email will be sent to your email with your new LEI number with additional guidelines and information.

Relevant documentation examples include:

  1. Incorporation Certificate

  2. Trust Deed Certificate of Incumbency

  3. Legal letters or a power of attorney

  4. Documents that are legally binding or recognized that confirm LEI data

  5. Write to us if you feel doubtful about your documents

3. Who issues LEI?

4. How to obtain an LEI?

Checkout process

5. LEI search

LEI Register has an LEI search function where you can check the validity of the LEI and view associated company data such as LEI registration details, company addresses, and so on.

 

In terms of legal sanctions, it provides authenticity and credibility about a company that drives investments globally. 

LEI Price and Renewal

The cost of obtaining an LEI number varies based on the local operating unit (LOU) you choose.

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FAQs

 

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