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News: FirmaPro and Ubisecure partner for next generation LEI organisation identity solutions
TRANSFER LEI
Free
Transfer existing Legal Entity Identifier from your current provider and get all the benefits of the RapidLEI platform! Free transfer then renew at renewal prices.
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- Free Transfer
- Keep existing LEI Number
- Renew at Renewal Prices
- Contact us for bulk import
BUY LEI
1 - 5 year validity€60,00 p.a.
Buy a new Legal Entity Identifiers (LEI) for an organization, fund or trust.
- Special FirmaPro customer pricing
- Save up to 25% with multi-year
- Issued in just minutes
- LEI Management portal
- Price includes annual GLEIF fee
- Contact us for volume discounts
RENEW LEI
€60,00 p.a.
Renew Legal Entity Identifier before it expires!
- Save up to 25% with multi-year
- 1-5 year validity
- Price includes annual GLEIF fee
- Contact us for volume discounts
WHAT IS A LEGAL ENTITY IDENTIFIER?
A Legal Entity Identifier is a 20-character identifier that identifies distinct legal entities. It is defined by ISO 17442 standard, endorsed by the G20 and acts as “the one identity behind every business”. As of September 2019 over 1.5m legal entities worldwide have registered LEIs.
LEIs provide a publicly available verifiable source of ‘who is who’ (organization identity) and ‘who owns whom’ (organization group structures). The system operated by the Global LEI Foundation (GLEIF) and the ability to issue LEIs is awarded to a limited number of organizations (like RapidLEI) passing a stringent accreditation process to become LEI Issuers.
WHY YOU NEED AN LEI
Organizations with LEIs become part of the Global LEI System – the publicly available, live, and verifiable database of legal entities. They show commitment to communicating their verified status – good for corporate image, and even better to meet required regulation.
LEIs are required for a number of identity reporting requirements including MiFID II, MiFIR, EMIR, Frank Dodd and more. These regulations add much needed transparency to financial transactions and trades.
See list of current regulations here.
Driven by the GLEIF and innovative LEI Issuers like RapidLEI, and now Certification Authorities like FirmaPro, exciting new use cases are being developed for LEIs. LEIs are now used to represent the legal entity identity in xBLR reports, digital signature applications and other PKI enabled services.
NOT SURE WHICH PRODUCT YOU NEED? CONTACT OUR SUPPORT TEAM
HOW IT WORKS: REGISTER LEIs in 99 SECONDS!
RapidLEI is the only LEI Issuer to be fully automated and makes it easy for you to register your LEI. Less form filling, less clicks means more time to spend on running your business!
START TYPING ORG NAME
In real time we search the global registries to find your company. Auto-fill means we do the heavy lifting.
E-SIGN ONLINE
eSign the mandatory timestamped contract online or electronically delegate to a company official. No printing, no faxing needed – completely online.
LEI IS PUBLISHED!
Your newly registered LEI number is then published to the Global LEI Index – the master global directory of all Legal Entity Identifiers.
EnterpriseLEI for Banking & FinTech
Discover, consolidate, issue, renew & protect client LEIs in volume for KYC and Onboarding. Enterprise class service and volume discounts.
LEI in SWIFT Payments
“Now is the appropriate time for the payment industry to begin its adoption of the LEI.” The latest on the new SWIFT / ISO20022 opportunity.