LEI Applications Requiring a Letter of Authorization
LEI applications require a Letter of Authorization (LoA) when we may need to determine authority for applicants acting on behalf of legal entities to apply for and/or manage Legal Entity Identifiers on their behalf. If this is needed, the applicant will need to complete and provide a Letter of Authorization (LoA).
Please download the LoA appropriate for your scenario or contact LEIpapa for assistance.
LoA Templates
Purpose | LEI Type | Notes | Document |
---|---|---|---|
Letter of Authorization | New | First time registering the LEI | Download |
Letter of Authorization | Renewal | Renewing an existing LEI managed by RapidLEI/LEIpapa* | Download |
Letter of Authorization | Transfer | Transferring an LEI to RapidLEI/LEIpapa* from a different LEI Issuer | Download |
Letter of Authorization | Transfer | Transferring an LEI to LEIpapa from other RapidLEI RA | Download |
Transfer Objection | Transfer | Objecting to a transfer request from another LEI Issuer | Download |
* RapidLEI/LEIpapa means that the LEI issuer is RapidLEI and the Registration Agent is LEIpapa
FAQ
Do I need to complete LoA?
When you request an LEI, we must check your ability to sign directly on behalf of each Legal Entity or Fund you need the LEI for. If you cannot sign yourself, you must gain permission from someone who can and prove to us via an LoA and/or EoA. If you have authority (let’s say you are the director of the company) then you don’t need to tell us, as the account name will suffice, but if you don’t, please confirm who permitted you.
LoA is mandatory for Transfer
According to regulations, you should provide the official transfer request. Authorized signatories from the legal entity shall sign the Letter of Authorization (LoA) via legally compliant formats in the respective jurisdiction.
LoA is mandatory for Transfer Objection
According to regulations, you should provide the official transfer objection in case you refuse to transfer the LEI from RapidLEI to other LEI Issuer. Authorized signatories from the legal entity shall sign the Letter of Authorization (LoA) via legally compliant formats in the respective jurisdiction.
Who should sign the LoA?
The LoA should be signed by the “Signing Authority”. A Signing Authority means someone who is authorized to sign on behalf of a Legal Entity – usually an owner, beneficiary, director, executive, lawyer, etc.
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