LEI Codes

Security and credibility on the Internet has never been so important as it is nowadays. Companies try to increase their credibility in many ways in order to gain the trust of potential customers. Likewise, many companies try to verify their potential contractors in terms of their credibility. In many of these respects, companies and individuals relied on their own sources of verification. There was no unified standard that would guarantee the possibility of verifying the company and its actual existence. For this purpose, a global standard was created, known as the LEI. LEI (Legal Entity Identifier) ​​is a 20-character alphanumeric code based on the ISO 17442 standard developed by the International Organization for Standardization (ISO). This code contains key reference information that allows the clear and unambiguous identification of the legal entities involved in financial transactions. Each LEI code contains information about the entity’s ownership structure and who manages or owns the entity. In other words, publicly available LEI data can be thought of as a global directory of company information, which greatly increases transparency in the global marketplace. LEI is a guarantee of the company’s credibility and transparency in financial processes.

As of 2018, the LEI code is required for transactions on financial markets. This applies to both trading in shares (buy/sell) as well as in the case of dealing with bonds, guarantees/government bonds and other derivatives. In many cases, the lack of an LEI prevents this type of transaction and reporting activities.

The LEI code is mandatory for:

  • banks,
  • brokers,
  • financial and credit institutions,
  • financial intermediaries,
  • investment funds,
  • pension funds,
  • and for any other institution, entity and persons required to have an LEI code.

Having an LEI code also speeds up the generation of SSL certificates in OV and EV validation due to the lack of the need for additional verification.

With each LEI code you order, you will receive a DV validation SSL certificate from us free of charge for the same validity period as the LEI code you ordered. For 2-year and 3-year periods, the following applies to the multi-year certificate policy: Multi-year SSL certificate subscription

Vendor
Product Name
Period of Validity
Issuance
SSL Certificate
Secure
Price/year
Price
 
LEI Code
LEI Code
1 year
up to 5 minutes*
SSL DV
Single Domain
$58.75
$58.75
Order
LEI Code
LEI Code
2 years
up to 5 minutes*
SSL DV
Single Domain
$51.41
$102.81
Order
LEI Code
LEI Code
3 years
up to 5 minutes*
SSL DV
Single Domain
$48.96
$146.88
Order

LEI Code issuance  time depends on the country in which the unit is registered. More details on issuance time are available in our knowledge base: LEI Issuance Time.

Are you looking for an LEI Code? Contact our sales department

LEI Codes - Frequently Asked Questions

LEI Code is a 20-character alphanumeric code based on the ISO 17442 standard developed by the International Organization for Standardization (ISO). This code contains important information about the legal entity that holds the LEI code. LEI includes informs about the ownership of a given entity. It is also a confirmation of the physical existence of the subject and its credibility.

LEI code is necessary for all financial institutions as well as entities and natural persons conducting business activities if they operate on financial markets. The obligation to have an LEI code applies to banks, financial institutions, brokers, financial intermediaries and all other entities operating in the financial markets.

LEI Code is issued by our company for a period of 1 to 3 years, depending on the option selected. Longer periods of validity not only mean greater convenience, but also save time and money.

In the case of Polish entities, the LEI code is generated within 5 minutes of the completed, paid and sent registration application. For entities from other countries, we recommend that you refer to our Knowledge Base entry: LEI Issuance Time.

LEI Code was created on the initiative of GLEIF (Global Legal Entity Identifier Foundation) and aims to provide greater transparency in the field of verification of companies and entities especially operating in the financial markets. Having an LEI code guarantees the credibility of the company.

To order an LEI Code, simply select the registration period (1-3 years), and then complete the registration form – allowing you to create an account in the customer panel – it will facilitate the subsequent management of the LEI Code and will allow for its subsequent renewal. In the next step, fill in the fields related to the company for which the LEI will be registered. At every stage of the order, you can contact us for additional help.

Each LEI Code can be checked for free on the GLEIF (LEI Management Registry) website. The search engine is available at: LEI Search Engine.

If your company or institution operates in financial markets and is required to submit reports in this field, it is necessary and obligatory to have a valid LEI Code. The lack of an up-to-date code makes it impossible to conduct such activity. LEI Code is issued for a period of 1 to 3 years and must be renewed after it is valid.

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