The LEI (Legal Entity Identifier) is a 20-character alphanumeric globally unique legal entity identifier issued under ISO17442 by numbering agencies accredited by the Global Legal Entity Identifier Foundation (GLEIF).
Example of an LEI structure: identifier issued by KDPW:
KDPW is the only Polish authorised issuer of LEIs.
KDPW issues LEIs to entities in the European Economic Area, Switzerland and Ukraine.
KDPW provides the LEI issuance service by means of an online application.
The following are required to hold an LEI::
legal entities trading in derivatives on regulated markets and in OTC trade;
legal entities trading on cash regulated markets and in cash OTC trade;
members of Central Securities Depositories (CSDs) including Issuers;
parties to repo, sell buy back, buy sell back transactions, securities lending and borrowing, and collateral management transactions.
the LEI is a global standard;
the LEI structure follows ISO17442 and the ROC guidelines, and the LEI has no embedded country code of the country of issue;
LEIs are only issued by agencies accredited by the GLEIF;
a legal entity may only hold one LEI;
each LEI is linked with the holding entity’s reference data as entered in the public register, and high quality of the data is ensured by the LEI managing agency;
information about issued LEIs and linked reference data is available publicly and free of charge from numbering agencies and the GLEIF.
According to the principles of the Global Legal Entity Identifier System:
No LEI No Trade- as of January 3, 2018, under MiFIR all entities across all asset classes will be required to obtain legal entity identifiers (LEIs)
learn more about LEI