Register an LEI code with LEIpapa

Millions of companies of all sizes use LEI to incorporate financial  transactions, reduce compliance risks, and ultimately grow revenue.

Register an LEI code with LEIpapa

Your gateway to trusted company data

LEI code meaning

Having an LEI confirms to others globally that your company is a verified, registered entity within your country. LEI is assigned to your company once and may not be assigned to any other company. Learn more about LEI...

Regulations

LEIs are mandatory for complying with regulations such as MiFID II / MiFIR, EMIR, SFTR, Dodd-Frank Act, and various other financial regulations. Who needs an LEI number?

Proof of concept

LEIs are mandatory for all legal entities that intend to engage in financial market transactions. Banks, brokers, and financial institutions worldwide rely on LEIs when buying or selling stocks, bonds, swaps, or other financial instruments. LEI codes in banking...

Web 3.0 Approach

The digital data added by LEIpapa is accessible on a decentralized network and is verified proof of your company's legal status. The broader benefits of proving this data globally, all in a digital format are immeasurable.

Your benefits matter

Reasonable pricing

LEI pricing depends on your chosen registration duration. Opting for multiyear registration and renewal can lead to significant savings on your annual LEI fees. When you decide to order LEIpapa services for multiple years, we'll handle the annual LEI number renewals throughout the selected timeframe. Need more information on LEI costs? Read on to find out more.

For bulk discounts and other inquiries, contact us at [email protected]

Meet the team

Frequently asked questions

What is a Legal Entity Identifier (LEI)?

The Legal Entity Identifier (LEI) is a globally recognized 20-character alphanumeric code designed to identify legal entities.

Each LEI is unique and exclusive, ensuring that once an LEI is assigned to a legal entity, it cannot be reassigned to another.

It's important to note that an LEI does not substitute a company's national registry code. Read further...

Who needs to get an LEI?

Starting from January 3, 2018, any legal entity that conducts regulated financial activities or transactions on markets or platforms needs an active Legal Entity Identifier (LEI).

This also applies to legal entities involved in financial transactions with securities or derivatives, like stocks, bonds, ETFs, and various types of swaps. Read further...

What is LEIpapa?

LEIpapa is the official registration agent of Ubisecure RapidLEI, offering a streamlined process to register, renew, and transfer LEI codes.

With LEIpapa, individuals and organizations can easily obtain an LEI code, an essential requirement for entities conducting financial transactions and complying with various regulatory frameworks. The website provides a user-friendly documentation section where users can find all the necessary information on how to register an LEI code.

By logging to the LEIpapa web app, users can quickly complete the registration process and receive their LEI code, ensuring they are compliant and ready to conduct business in the global marketplace.

How long does it take to register an LEI?

As soon as we get the payment and any other additional documents (if required), we start processing your order. LEIpapa typically assigns your Legal Entity Identifier (LEI) number within 24 hours. In certain areas, we offer a quicker service that can get you an LEI number in just 1-3 hours.

Who can apply for an LEI?

A Legal Entity Identifier (LEI) code may be issued for any of the following entities:

- Incorporated Companies and Registered Subsidiaries;

- Non-Profits (Registered Organizations);

- Sole Proprietors (Having a distinct identity within a business register);

- International Branch offices (The Head Office must already have an LEI);

- Funds and Trusts.

Why was the LEI presented?

The Legal Entity Identifier (LEI) was presented after the 2008 global financial crisis. Its purpose is to set a worldwide standard for clearly recognizing entities involved in financial dealings.

The idea behind the LEI system is to offer a uniform way to identify parties in financial transactions worldwide, making the global financial system safer and more open.

How long is an LEI remains active?

Once issued, a Legal Entity Identifier (LEI) remains active for one year. It needs to be renewed every year to stay active. We make things easier by offering 2-5 years plans, so you don't have to renew your LEI every year.

If you don't renew your LEI, it will expire and get "lapsed" status. This could cause problems with financial activities and reporting duties, possibly leading to transaction cancellations and fines for non-compliance. You can renew lapsed LEI at any time if your entity is still active.

Is the LEI recognized worldwide?

The Legal Entity Identifier (LEI) is a global ID code that is recognized, accepted and used everywhere in the world.

Is the LEI data publicly available?

Yes. The Global Legal Entity Identifier Foundation (GLEIF) has published the Global LEI Index. It provides information, updated daily, on all LEIs issued to date.

Any interested party can easily access and search the complete LEI data pool free of charge using LEIpapa LEI Search tool or on the GLEIF website.

What information does an LEI record include?

An LEI record is publicly available and includes details about an entity such as its name, address, who owns it, and other info that helps identify the entity and how it's connected to other entities. It also shows who issued the LEI and whether the LEI is currently valid (has active status).

For more details, check out the LEI Search tool.

How to check the LEI code status?

You can use LEIpapa’s free LEI Search tool to get the current LEI status and check if an LEI Code is active. We connect to the GLEIS database in a real-time to verify the relevant LEI status. More info…

Who issues an LEI number?

LEI codes are issued by organizations called Local Operating Units (LOUs). These LOUs team up with Registration Agents (such as LEIpapa). While Registration Agents don't directly issue LEI codes, they help businesses by guiding them through registering, renewing, and transferring LEI codes by handling certain steps, making the process simpler and faster".

LEIpapa is an official Registration Agent of Ubisecure RapidLEI.

Can I transfer my LEI to another service provider?

Yes, you are free to transfer your LEI to the desired service provider. This allows you to choose which service provider you want to use based on service quality, fee level, or other valuable factors. If another service provider manages your LEI, you can transfer it to LEIpapa at any time. Read more about transfer…

Can I get an LEI for a Fund or Trust?

Obtaining a Legal Entity Identifier (LEI) for Funds and Trusts is essential and mirrors the process for other entities. When you register an LEI for a Fund or Trust, just specify your entity type as a FUND or TRUST accordingly during the registration process and we will do the rest.

When you register an LEI for the Fund Management Company (AIFM), which is not a Fund (AIF) itself but manages the Fund, please choose GENERAL as the entity type. Read more...

How to reactivate a LAPSED LEI?

Failure to renew your LEI will put it into a LAPSED status in the Global LEI System index. LAPSED status is not good for your legal entity, it could mean transactions are blocked or the risk of non-compliance fines.

To reactivate LAPSED LEI use the following instructions:

- Log in to your LEIpapa account.

- Complete and submit the LEI registration.

- If your LEI is currently managed elsewhere, first you need to transfer your LEI to LEIpapa and RapidLEI.

Read full instruction here...

Will I get a backlink to my resource if I register an LEI?

Yes, we provide such a service. Please submit your request for backlink placement to our team at support(a)leipapa.com once you have an active LEI with LEIpapa.

It's your time to manage.

The digital data added by LEIpapa is verified proof of your company's legal status. The broader benefits of proving this data globally, all in a digital format are immeasurable.