Legal Entity Identifier | EQS Group

Change the language here →

Disclosure

Legal Entity Identifier – We're official LEI Issuing Authority

No LEI, no trade. Whether MiFIR, MiFID II, transaction reporting, or notifications to the national regulator: you can only meet all obligations and carry out financial transactions with an active LEI, the worldwide unique identifier for financial market participants.

Scroll down to learn more

LEI – the mandatory financial identifier

The Legal Entity Identifier (LEI) is a globally-standardised and unique identifier for financial market participants. It applies worldwide and ensures the transparency of capital markets. The financial crisis demonstrated the difficulty of identifying complex company networks, financial constructions, and counterparties for banks and regulators. The global LEI system counteracts this. An LEI allows clear identification of each contract partner and aids in disclosure to supervisory authorities.

Who needs an LEI

Companies currently require an LEI 

  • to participate in derivatives trading, 
  • to register financial derivatives to a transactions register, which is mandatory since the February 12, 2014 roll-out of Article 9 of EMIR (the European Market Infrastructure Regulation)
  • for direct reporting by national register (e.g. voting rights declarations) 
  • to fulfil mandatory disclosure requirements according to Article 26 of the European Financial Market Regulations (MiFIR, MiFID II).

Key groups that are affected by LEI legislation are banks, credit intuitions, insurance companies, securities service companies and investment funds. Corporations, associations, commercial companies, joint ventures and registered merchants may also be affected. 

In view of the growing regulation of financial markets, it is anticipated that the use of LEIs will be adopted by many authorities and institutions worldwide. Subsequently, many non-financial counterparties that may be involved in derivative contracts will also be required to obtain and use LEIs. Individuals and legally-dependent companies are currently not required to use an LEI.

Learn more about LEI in our FAQ

LEI Manager – the easy and efficient way to obtain your LEI

You must apply for an LEI with an official LEI issuing authority. Less than fifty issuing authorities exist worldwide, and EQS Group is one of them. For a quick and easy application process, we developed our LEI Manager.

When applying for your LEI using the EQS LEI Manager you will receive: 

  • Lowest LEI prices in Europe 
  • LEI application processing within 24 hours 
  • 24/7 support  
  • Highest security standards 
  • Local expertise from our worldwide offices 
  • Easy payment via invoice or credit card 

To learn more, visit our LEI Manager website

Quick and cost efficient

With EQS LEI Manager, the initial application for an LEI only costs £44. We guarantee LEI application processing within 24 hours. 

The application process is simple: 

  • Register on www.lei-manager.com

  • Enter your company information

  • Upload a register excerpt and a power of attorney

  • Get your LEI within 24 hours

Contact us with questions about LEIs

Luke Watson

Luke Watson

Sales and Business Development Assistant
+44 20 3141-3940

Your Mail has been sent successfully!
Thank you very much for your interest. We will soon get in contact with you.
contact us
Thank your for your message!