LEI Search Lookup 2m+ companies in the global LEI database.
This process ensures that the data provided matches public official data. The integrity and reliability of the Legal Entity Identifier system depend on this rigorous verification process. First of all, be sure that the LEI code has never been issued for your legal entity.
Need an LEI? Register an LEI quickly and easily with RapidLEI – the world’s largest GLEIF-accredited LEI Issuer
Having everything organized ensures a smooth application experience. All companies participating in the global financial market are now identified and networks are made transparent. The RapidLEI logic automatically verifies the accuracy of the entity reference data in real-time, leading to the highest LEI data quality rates in the LEI ecosystem. You can register LEIs for up to five years in validity, and our systems automatically check for organisation reference data changes at renewal. This process of continuous data validation helps maintain the accuracy and reliability of the Global Legal Entity Identifier system.
It provides unique identification, reduces ambiguity, and facilitates quicker, more efficient transactions, KYC and onboarding. In 2011, the Group of Twenty (G20) called on the Financial Stability Board (FSB) to provide recommendations for a global Legal Entity Identifier (LEI) and a supporting governance structure. This led to the development of the Global LEI System, which, through the issuance of LEIs, now enables the unique identification of legal entities participating in financial transactions worldwide. The Legal Entity Identifier (LEI) is a 20-digit alphanumeric code that links to key reference information, enabling clear and unique identification of companies participating in global financial markets. The LEI is based on ISO standard 17442, developed by the International Organization for Standardization.
The DFSA (Dubai Financial Services Authority) issued a circular for Senior Executive Officers of UAE entities trading with Europe, outlining the requirement for an LEI Code in Dubai. This memorandum highlights that a lack of an LEI may effect your firms ability to trade with the EU. Legal Entity Identifier UAE requirements stipulate that to engage in cross border transactions an active LEI Number must be present. More information on how to access and use LEI data is available on the official GLEIF website. If a company is no longer registered or not operational anymore, the status is INACTIVE. The Legal Entity Identifier is a globally unique alphanumerical code consisting of 20 Register A Lei Number For Your Company numbers and letters.
- The team is incredibly well versed in organization verification and GLEIF ecosystem and can help you at any part in your registration journey.
- Some applications require additional verification, especially if there are discrepancies in official records.
- The legal entity is obligated to inform us of any changes made to this information so that we are able to update the GLEIF Index with the new data.
- LEI System is an Estonian-founded company helping legal entities obtain LEI code numbers.
- Since launching in 2018 the GLEIF has consistently recognized us as the fastest growing LEI Issuer.
Legal Entity Identifier – The Status
- Processing times vary, but most applications are reviewed within one to two business days.
- The Legal Entity Identifier (LEI) is a unique identifier for any given legal entity.
- The identifier is issued if everything aligns and the company receives its official code.
- It’s a crucial step in being a responsible participant in the global financial marketplace.
If there is no LEI exists for your company, you can start the registration process. If you wish to carry out transactions on the financial markets, then most companies need a LEI number. The LEI stands for Legal Entity Identifier and can be thought of as an international business number. When you make an order on this page, we will automatically perform an LEI lookup to make sure an LEI is not already registered for the entity. You can only have one LEI number per legal entity, which is why we have included an automated LEI search. If you would like to manually search for company information stored in the global LEI system, you can do so anytime on our LEI search page.
What is an LEI, and what is it used for?
The data is registered and regularly verified according to protocols and procedures established by the Regulatory Oversight Committee (ROC). Once the details are ready, completing the registration form is straightforward. The process typically involves entering company data, selecting the appropriate validation level, and submitting the required documents. A well-filled application speeds up the verification process and avoids unnecessary rejections. Before applying, it’s essential to have the correct details ready.
Then we find your organization
If you falls under regulatory requirements in these regions you will require an LEI in the UAE. Clients can register LEIs for up to five years in validity, and our systems automatically check for organisation reference data changes at renewal. It’s important to note that a Legal Entity Identifier is not a one-and-done process. The renewal process involves verifying the company’s information for any changes.
The application requires a company’s official name, registered address, and legal form. A valid business registry number is also necessary for verification. Additionally, if applicable, you’ll need details about the direct or ultimate parent company.
RapidLEI is the world’s largest issuer of LEIs, a position achieved by making the LEI registration process faster, easier and lower cost. However, it may take up to 24 hours before its validity can be verified by your bank or investment platform. The reason for this is that the GLEIF LEI database is only updated once daily. The Global Legal Entity Identifier Foundation lists all LEIs in its database. Here you can access this database and search for LEIs and companies. The Global Legal Entity Identifier Foundation (GLEIF) is the international body overseeing the implementation and use of the Legal Entity Identifier and provides a global database of all LEIs.
How to Register an LEI with LEIpapa
A Local Operating Unit is an organisation authorized by the GLEIF to allocate LEI numbers. LOUs are working closely with Registration Agents (RA), who assist organizations with LEI applications. Search the GLEIF database to find the LEI information you need. United States of America remains number one country when it comes to number of registered LEI numbers with around 240,000 registrations. So, any organization with no LEI code will find it challenging and unbearable to transact with other businesses and corporations in these regions. The unique LEI code of any entity remains the same throughout its lifetime, including when it is dissolved or merged with another entity.
How to obtain a Legal Entity Identifier? Application of a new LEI number
An authorized representative with signatory powers of the applying company, orb. Recognized by another authorized representative of the company to apply for the LEI. For many companies, managing a Legal Entity Identifier is an annoying administrative effort and to some extent a puzzling mystery. Our goal is to make this process transparent, faster and understandable. The process only takes a few minutes, your new LEI will be valid within an hour.
The team is incredibly well versed in organization verification and GLEIF ecosystem and can help you at any part in your registration journey. Expert registration support staff, and resilient LEI management infrastructure provides security and reliability for fast, high scale issuance. 24/7 around the clock issuance, including weekends, via the automated application process means LEI are issued in just minutes. We aim to fulfill our mission of providing a first class service which will facilitate the global conformity to the ISO standard and GLEIFs mission to fulfill “One identity behind every entity”. In order to get an LEI for a UAE entity such as a FZE or DMCC company please complete the LEI application form by clicking the ‘Register New LEI’ button at the top of the page. Ubisecure, through our RapidLEI service, is one such accredited LEI Issuer.