Information for obtaining a LEI Code
The LEI (Legal Entity Identifier) is a globally acknowledged code which will make it possible for regulators to identify different counterparties for a transaction globally. You will need a LEI to comply with reporting obligations under EMIR.
LEI for EEA Clients based in the Netherlands
In order to increase transparency in financial markets, especially in OTC derivative markets, a LEI system was created by the G-20 in cooperation with the Financial Stability Board. This system makes it possible to identify the contracting parties to financial market transactions worldwide and make it easier for regulators to recognize possible systemic risks at an early stage. The Chamber of Commerce issues LEIs in the Netherlands. The following website allows you to register for a LEI.
LEI for EEA Clients outside the Netherlands
Outside the Netherlands a number of Local Operating Units (LOUs) will become or are already available. A list of LOUs is available via this link.
For more information or guidance regarding LEI, please visit the Global Markets Entity Identifies (GMEI) Utility website or approach your local regulator.