Conduct an LEI Status Check first.
Your Legal Entity Identifier (LEI) must be renewed annually to remain ACTIVE. Failure to renew it will put the LEI into a LAPSED status in the Global LEI System index. Lapsed status is not good for your organization, it could mean transactions are blocked or the risk of non-compliance fines.
Don’t worry if you’re in that situation, RapidLEI has a team of LEI specialists who can help renew lapsed LEIs and return them to ACTIVE status quickly:
- Log into your RapidLEI account
- If you are not already a RapidLEI account holder, create a free account
- Complete and submit the LEI registration
- If your LEI is currently managed elsewhere, follow the instructions for an LEI Transfer
The team monitors all registrations and will be in touch with you if they see any issues, inconsistencies or if they need further information.