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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. 

Now get your LEIs in hours, not days. 

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.

An LEI code can be obtained from the Local Operating Unit (LOU) or the LEI Registration agent. We've partnered with LEIAdmin 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

If you have any concerns about your documents, please contact us at

3. Who issues LEIs?

4. How to obtain an LEI?


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. 

5. LEI Renewal 

One of the main advantages of the Legal Entity Identifier is the annual renewal and verification of the data, ensuring trustworthy high-quality data. 


As a result, LEI renewal is critical. Legal Entity Identifiers (LEI) that are not renewed in a timely manner will expire.

LEI application form 

If you have any problems or questions about generating your LEI number, please get in touch with us.

Send your queries to, and we will respond back as soon as possible. 

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  • Why do LP’s want a hedged share class?
    LP’s want a hedged share class in order to protect themselves from downside risk. By hedging their investment, LP’s can help ensure that their investment will not lose value if the market unexpectedly declines. In addition, hedging can also provide some protection against inflation.
  • Who should set up a Hedged Share Class?
    GPs are responsible for creating a Hedged Share Class when trying to raise capital from international investors.
  • What is the potential negative impact of the currency fluctuation on the fund performance?
    There are several potential negative impacts of currency fluctuations on fund performance. First, if a fund invests in securities denominated in foreign currencies, the value of those securities will rise and fall along with changes in the exchange rate. This means that the fund's performance will be affected by both the underlying performance of the securities and the currency fluctuations. Second, currency fluctuations can also affect the costs of investing in a foreign market. For example, if a fund incurs costs in a foreign currency but the value of that currency falls against the fund's home currency, then the fund's overall performance will be negatively impacted. Finally, currency fluctuations can also affect the ability of a fund to meet its investment objectives. For example, if a fund's objective is to generate income in a foreign currency but the currency fluctuates sharply, it may become difficult or impossible for the fund to achieve its objective.
  • What are the costs when creating a hedged share class?
    The cost to create a hedged share class is the cost of buying or selling the hedging instruments, plus the cost of any collateral required, minus any income from the hedging instruments.
  • Are Deaglo's multi-currency accounts free?
    Our multi-currency accounts are free to open and free to maintain. You will be notified of any and all fees before you are charged.
  • How do I get a multi-currency account for my business?
    If you apply online, Deaglo's onboarding team will reach out to finalize the onboarding process and collect all the necessary KYC to get your account up and running.
  • How much do I need to be transacting to warrant hedging?
    Its not about a number, its about how much does it affect your business. Can your business stomach a 15% loss on all earning due to a currency movement? if you can't, then hedging may be right for you.
  • When should I consider FX hedging?
    There are a number of factors to consider when deciding whether or not to hedge foreign exchange risk. Some of the key considerations include: - The amount of exposure: If your company has a large amount of foreign currency exposure, then it may be more prudent to hedge against exchange rate risk. - The time horizon: If you are planning on making foreign currency payments in the near future, then it may make sense to hedge in order to protect against potential adverse movements in the exchange rate. - The degree of uncertainty: If there is a great deal of uncertainty surrounding the future direction of the exchange rate, then hedging may help to mitigate some of that risk. - The cost of hedging: It is important to weigh the cost of hedging (e.g., the cost of options or forward contracts) against the potential benefits. Ultimately, the decision of whether or not to hedge FX risk is a strategic one that depends on the specific circumstances of the company.
  • How much of my currency exposure should I hedge?
    There is no one-size-fits-all answer to this question, as the amount of currency exposure you should hedge will depend on your individual circumstances and investment objectives. However, as a general rule of thumb, it is typically advisable to hedge a portion of your currency exposure when investing in foreign markets. There are a number of factors to consider when determining how much currency exposure to hedge, including your investment time horizon, your tolerance for volatility, and your overall investment strategy. For example, if you have a long-term investment horizon and are comfortable with some volatility, you may choose to hedge a smaller portion of your exposure. On the other hand, if you have a shorter-term investment horizon or are less tolerant of volatility, you may choose to hedge a larger portion of your exposure. Ultimately, the decision of how much currency exposure to hedge is up to you, and will depend on your specific situation and investment objectives. However, it is important to remember that hedging is not without risk, and you should always consult with an expert to ensure that hedging is appropriate for your portfolio.
  • How can I obtain better trading terms for my international transactions?
    Most counterparties base the trading fees they offer according to the volume of your transactions. This can be disadvantageous for individual traders who don't have a large volume of transactions. However, at Deaglo we negotiate with different brokers based on the total volume of all our clients. This allows us to obtain up to 70% better trading terms than what the general market offers.
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