LEI Lookup – Fully dedicated LEI search website
The LEI database, which is managed by the Global Legal Entity Identifier Foundation (GLEIF), is completely transparent and accessible to everyone - regulators, businesses and other entities - regardless if they possess an LEI code themselves. This guarantees transparency between the parties involved in any financial transaction. As the LEI codes are renewed each year, the database can be relied upon to display only up to date information. Continue reading...
LEI RBI
The Reserve Bank of India (RBI) has decided to inaugurate the Legal Entity Identifier (LEI) system for all payment transactions of value ₹50 crore and above handled by entities (non-individual) using the Reserve Bank-run Centralised Payment Systems with effect from April 1. Continue reading...
ISIN to LEI mapping
Within the world of hundreds of thousands companies, there are two primary identifiers used in finance. The first one being The International Securities Identification Number, otherwise known as ISIN, second The Legal Entity Identifier known as an LEI. These identifiers have a lot in common, they're both used to increase transparency and made up of alphanumeric digits with check numbers. Continue reading...
GLEIS | Global LEI System
The Global LEI System (GLEIS) was born out of the 2008 Global Financial Crisis (GFC), when it became apparent that there was a greater need for transparency and security. GLEIS ensures straight forward, unambiguous identification of participants in financial transactions. Continue reading...
MiFID regulation | MiFID II LEI
MiFID is the Markets in Financial Instruments Directive. Applicable across the European Union since November 2007. Being a cornerstone of the European Union's regulation of financial markets looking to improve their competitiveness by generating a single market for investment services and activities, and to guarantee a high degree of systematised protection for investors in financial instruments. Continue reading...
vLEI
vLEI will give legal entities, government organisations and organisations worldwide the ability to use non-repudiable identification data pertaining to their legal status, ownership structure and authorised representatives in their business activities. Continue reading...
GLEIF | Global Legal Entity Identifier Foundation
GLEIF is uniquely positioned in the entity identification market, agnostic to any particular political and/or commercial interests. The foundations' overhaul is to ensure the operational integrity of the Global LEI System. GLEIF is the one behind continuous improvement of the information available within, and the quality of, the LEI data pool. Continue reading...
Company Autocomplete by LEI Register
The newest addition for optimising user experience being an autocomplete plugin. “Company Autocomplete by LEI Register” is open source software, by enabling this plugin it'll add an autocomplete function to the company name field in your standard Woocommerce checkout form. Continue reading...
Open LEI
Before the widespread adoption of the open LEI system, there were many inefficient, predominantly proprietary identifiers that, more often than not, provided false or outdated information. These shortcomings were a severe problem, particularly in financial markets, where the regulators, banks or other market participants were unable to access valid information about their counterparties. Continue reading...
European Market Infrastructure Regulation | EMIR
European Market Infrastructure Regulation (EMIR) is a European Union regulation for over-the-counter (OTC) derivatives, central counterparties as well as trade repositories first introduced by the EU in 2012 in fulfilment of their commitment at the G20 summit, an international forum for the governments and central bank governors of the European Union and 19 other countries promoting international financial stability. Continue reading...
What is an LEI database?
LEI database has greatly simplified dealing with international clients as there's no need for a time-consuming background check where previously the only information being relied upon was the company's own internet presence and local registry listings; often leading to hours of translating and web browsing with little confidence of the authenticity. Continue reading...
India LEI regulations
It is now mandatory that the LEI system be adopted for all payment transactions of value ₹50 crore and above, handled by entities using the Reserve Bank's Centralised Payment Systems viz. Real-Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT). Continue reading...
Documents Required for LEI Registration – LEI Requirement Explained
If you are intending to make transactions within the global financial system, there is a strong possibility that you will need to have an LEI (Legal Entity Identifier). This is mandated in many countries around the world, including India, and without an LEI, certain financial institutions may refuse to trade with you. Continue reading...
LEI Full Form in Banking
The full form of LEI is a Legal Entity Identifier. This is a 20-digit unique code that is issued to any company wanting to conduct financial transactions and trade. The LEI code contains information about the organization's ownership and structure and is meant to enhance transparency in the financial marketplace. Continue reading...
No LEI Login Required with LEI Register
Registering an LEI with LEI Register is fast and easy, as you don't need to create an account with us. With no LEI login required, you can do what you need to do, without having to re-enter your login details every time you use our service. Continue reading...
How to Download LEI Certificate
As of July 2020, LEI Register has introduced a new option for customers in India- The LEI Register’s Official LEI Certificate. It is available as a PDF file as well as A4 paper document (sent as a mail, delivered within 7 working days). Continue reading...
New Legal Entity Identifier (LEI) Regulations for Insurers and Loaners
Reserve Bank of India has announced an extension of Phase III for money markets deadline from March 31 2020 to September 30 2020 Continue reading...
Legal Entity Identifier India: Extension of March 31 2020 deadline
Reserve Bank of India has announced an extension of Phase III for money markets deadline from March 31 2020 to September 30 2020 Continue reading...
Legal Entity Identifiers in Cryptocurrency
As cryptocurrency and the blockchain continues to get more press and more market spending, there are questions to answer about identity verification. Could Legal Entity Identifiers be the answer to some of those questions? Continue reading...
LEI Entity Search for India
You can discover a lot of useful information with LEI search tool. You can find out the legal name of the entity in question, the status of the LEI (whether it is active, inactive), and you can, of course, also discover the string of characters which represent the LEI itself. On top of that, you can discover the registration status of each LEI, so you can see whether it has been issued or not. Continue reading...
Legal Entity Identifiers in KYC
KYC is a process of understanding who you do business with and assessing their suitability or risk to your organisation. Banks, insurers, creditors and more are increasingly demanding (thanks to the global drive in KYC regulation) that customers provide due diligence information to ensure they are who they say they are. Continue reading...
Digital Identity Predictions for 2020
A national identity scheme tell us a lot about the state that creates it. Schemes come in many forms with the government taking many roles from identity issuer to regulator. What does 2020 have in store for digital identity? Here’s some of our predictions. Continue reading...
The Future of Cybersecurity – Deloitte
Deloitte publishes its “Future of Cyber Survey” after surveying over 500 C-suite executives with responsibility of cybersecurity in organisations that make at least $500 million in annual revenue. We will review and summarise some of the findings of the survey in this blog. Continue reading...
How To Buy Shares in India for Beginners?
Investing in shares is highly popular investment arena for Indian investors and can be extremely fortuitous endeavour when done properly. This article answers the question on how to buy shares in India for beginners and also covers the topic about different types of shares in India. Continue reading...
How to Open a Business Bank Account in the UK
Learn how to open a business bank account in the UK. Business banking is just a simple way to manage your business finances, expenses and claims to HMRC. The easier the better when it comes to paying fair taxes and that’s why the UK has a range of offers on the market for businesses who want to open an account in the UK. Continue reading...
Legal Entity Identifiers in Digital Certificates
Digital certificates are hugely important in encrypting the internet. Whether it’s for encrypting a website and adding the ‘S’ to HTTPS or it’s encrypting and signing a digital document like a PDF, digital certificates are everywhere. Up until now, they have solved some great security challenges on the internet by encrypting networks and communication channels. However, as we know, encryption is not always enough. Continue reading...
Legal Entity Identifiers for Government Entities
The LEI ROC is looking to create a new item called “general government entities” which could be filled out separately and help to clarify, if there is no parent entity, at least what industry these entities belong to. Continue reading...
The European Market Infrastructure Regulation (EMIR) and Legal Entity Identifiers (LEIs)
The EMIR regulation has mandated EU trade repositories, starting on November the 1st 2017, to reject trade reports without a Legal Entity Identifier or LEI, regardless of whether the reports pertain to EU or non-EU market participants. Continue reading...
The FCA Will Take Pragmatic Approach to Supervising Reporting on Brexit Day
The FCA is aware that leaving the EU on a working week may pose some additional challenges and suggests that firms should take reasonable steps to stay compliant with MiFID and EMIR trade reporting requirements post-exit. Continue reading...
Adoption of LEI in Payment Messages by the Payments Market Practice Group (PMPG)
In September, the Payments Market Practice Group or PMPG was set up by SWIFT to bring together payment industry practitioners and define market best practice. They published a paper on the Adoption of LEI in September 2019 and we have decided to bring a short summary of the main points in this post. Continue reading...
RegTech London – Event Summary
RegTech took place on 3rd October 2019 in St Paul’s London. The event was aimed at exploring how the financial services industry can leverage technology to innovate, cut costs and support regulatory change. St Paul’s saw a culmination of start-ups, technology providers, financial institutions, regulators and practitioners for a day of networking, seminars and collaboration. Continue reading...
RBI regulations for mandating Legal Entity Identifier in India (2019 extensions update)
RBI (Reserve Bank of India) has mandated the use of LEI for large corporate borrowers and use of LEI in non-derivative markets. RBI hopes to achieve better quality and accuracy for monitoring the health of the financial system. It also hopes to achieve better managed risk in the markets. Continue reading...
Cybersecurity in a Nutshell
Modern businesses run on data. Unfortunately, our data and networks are more vulnerable than ever. We cannot help but hear the daily news of cyber attacks and the massive problems they create. Even a minor breach creates a significant financial hit for an organization, not to mention the downtime and reputational damage. A major breach can spell disaster. Continue reading...
LEI Register launch free Legal Entity Identifier promotion and introduce new LEI subscription service – FastLEI
Tallinn, Estonia. May 7, 2019 – LEI Register, a leader in the provision and management of Legal Entity Identifiers (LEIs), today announced the launch of its new FastLEI service to introduce subscription business model advantages to organisations using LEIs. Available for the first time in the LEI industry, subscription advantages include free initial LEI creation periods, automated ongoing data accuracy checks, and predictable recurring monthly fees. Continue reading...
What is LEI-Search?
LEI-search.info offers the most important information when it comes to Legal Entity Identifier providers. Potential customers can easily find the most suitable LEI code provider based on the LEI code’s price, LEI code’s average processing time, payment methods or the website language. The Legal Entity Identifier’s table is sortable by registration price, renewal price or by the average processing time. Continue reading...
How to Obtain a Legal Entity Identifier Number in India?
Obtaining a Legal Entity Identifier (LEI) is easy. Simply follow the steps described below and your LEI number will be sent to you within 1-24 hours. Continue reading...
LEI Register and RapidLEI Announce Official Partnership
London, UK and Tallinn, Estonia. January 10, 2019 - LEI Register, a leader in the provision and management of Legal Entity Identifiers (LEIs), and RapidLEI, a fully accredited LEI issuer specialising in the automation of the LEI issuance process, today announced a partnership. LEI Register will offer LEIs issued by RapidLEI, to make the registration of LEIs faster and more accurate for their global customers. Continue reading...