Discover the latest research and trend reports
LEI Transfer Explained: 3 Simple Steps to Take
LEI Transfer Explained: 3 Simple Steps to Take Why transfer your LEI in the first place? The Global LEI System (GLEIS) has been set up to encourage competition between LEI service providers. When a market is competitive, businesses have a more significant incentive to lower prices, improve the quality of their services, and provide customers […] Read more »
What are the benefits of the multiyear plans?
What are the benefits of the multiyear plans? A Legal Entity Identifier (LEI) is only valid for one year after the initial registration. The annual renewals ensure that data associated with an LEI remains accurate and won’t become outdated. Although the system has been generated to benefit all parties involved, the renewals can become bothersome, […] Read more »
How Financial Institutions Benefit from LEIAdmin
How Financial Institutions Benefit from LEIAdmin Many financial institutions like banks, investment firms, asset managers, and financial advisors have benefitted from integrating the LEIAdmin solution into their services. Whether a part of client onboarding or sold as a separate product, managing LEIs on your customer’s behalf brings value to both parties. The Legal Entity Identifier […] Read more »
Why does an LEI need to be renewed?
Why does an LEI need to be renewed? The Global LEI System (GLEIS) was established in 2011 to make sure that we do not experience another financial crisis like the one in 2008. The new system is more transparent and, as part of it, each business has a Legal Entity Identifier (LEI) code which helps […] Read more »
What Happens When the LEI Expires?
What Happens When the LEI Expires? In the increasingly digitally connected world – the need for trust and transparency has become one of the main concerns. For this reason information related to your legal entity identifier (LEI) number needs to be renewed annually. Failing to renew your LEI can bring many inconveniences and at times […] Read more »
What Is an LEI?
What Is an LEI? Following the global financial crisis of 2008, there was an initiative started to ensure that a shock of this magnitude to the financial systems would not occur again. This led to the development of the Legal Entity Identifier number or LEI. This code is required for all legal entities that operate […] Read more »