Secure your Organisation Identity by registering an LEI
Get your discounted LEI in minutes today!
In partnership with the Mobile Ecosystem Forum, registering an LEI for your UK business has never been easier. LEIs are the only global organisation identifier to enable companies to speed up due diligence checks, reduce fraud and efficiently track secure transactions of goods and finance. Secure your organisation identity and become part of the Global LEI System.
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Best place to get your LEI.
What is a Legal Entity Identifier?
LEIs are G20-endorsed identifier codes that provide a publicly available verifiable source of ‘who is who’ (organisation identity) and ‘who owns whom’ (organisation group structures). The system is operated by the Global LEI Foundation (GLEIF). A limited number of organizations (like Ubisecure’s RapidLEI) become LEI Issuers (also known as LOUs in the LEI ecosystem) after passing a stringent accreditation process.
Video: Introducing the LEI
Why do I need a Legal Entity Identifier?
Top Reasons according to the International Chambers of Commerce & GLEIF
NO LEI, NO TRADE
Non-compliance with certain regulations risks fines and no-trade penalties.
All LEI and organisation data is used in the banking / trade ecosystem to speed up due diligence checks, reduce fraud & identity theft, and track transactions.
Future proof your organization for paperless trade, cross-border payments and digitisation of trade documents – driven by the UK’s Electronic Trade Documents Bill.
New regulations mandating and recommending LEI inclusion go live regularly – currently over 300 regulations from 46 jurisdictions, and counting.
Why Choose RapidLEI to Register LEI?
24/7 around the clock issuance,
Automated application process –
LEIs are issued in minutes
New UK LEI pricing
HOW RAPIDLEI WORKS
RapidLEI connects directly to Companies House and is fully automated to make it easy for you to register, manage and use your LEIs efficiently. No paper form filling, printing, manual signing and scanning means more time to spend on running your business!
START WITH YOUR SECURE LEI ACCOUNT
Get started with an LEI management account. You just need your name and email to open the account, and from hereon all your LEIs will be kept safe and secure.
THEN WE FIND YOUR LEGAL ENTITY
Start a registration by typing your Legal Entity name and in real time we search the local and global business registries to find your company. We auto-fill the reference data we need to make it easy for you.
YOUR REGISTERED LEI IS PUBLISHED
Most applications are auto-verified, so once your newly issued LEI number is then published to the Global LEI Index – the master global directory of all Legal Entity Identifiers.
Legal Entity Identifier Frequently Asked Questions
WHAT IS THE RELATIONSHIP BETWEEN THE MEF & UBISECURE?
The MEF and Ubisecure (via the RapidLEI service) have partnered to promote the adoption of Legal Entity Identifiers within the MEF community, especially as paperless trade such as the Electronic Trade Documents Bill comes into effect.
The partnership involves educational programmes on the need for LEIs in paperless trade, and provides special promotional pricing to help adoption.
WHY DO I NEED TO CREATE A RAPIDLEI ACCOUNT?
Your LEI is an asset, and it needs to be managed properly and securely. Creating an account is the first step to get your LEI, and it just requires your name and email address. Your account will give you the ability to renew your LEI with a single click, and order more LEIs for group companies quickly.
WHY DO LEIs FROM RAPIDLEI COST LESS THAN OTHER ISSUERS?
In order for every organization in the world to obtain an LEI code we need an LEI issuing platform that can scale. We built a solution that automates the LEI application process by connecting to the worldwide business registries in real time. This makes applications faster, and it makes the operational costs much lower. We pass on these savings to you by providing LEIs at a much lower cost than any of our competitors.
DOES RAPIDLEI ISSUE ACCREDITED, RECOGNIZED LEIS?
RapidLEI is one of about 30 accredited LEI Issuers, also known as LOUs (Local Operating Units). RapidLEI was accredited in June 2018 and we sit alongside organizations like Bloomberg LEI, DTCC (GMEI Utility LEI), the LSEG (London Stock Exchange Group) UK LEI issuer, and others. We supply registration, renewal and other LEI services for legal entities wishing to utilize LEIs.
WHO IS THE GLEIF?
The Global LEI Foundation (GLEIF) was established by the Financial Stability Board and the G20 in 2014. The GLEIF is tasked to support the implementation and use of the LEI.
HOW FAST IS RAPIDLEI GROWING?
Since launching in 2018 the GLEIF has consistently recognized RapidLEI has the fastest growing LEI Issuer. RapidLEI is the #1 issuer of new LEIs globally and the #1 LEI Issuer for data quality. You can track LEI growth and data quality statistics from RapidLEI, DTCC (GMEI Utility LEI), and Bloomberg LEI at rapidlei.com/stats.
DO YOU HAVE TO BE A COMPANY TO GET AN LEI?
LEI numbers can be issued to registered companies and subsidiaries, non-profit organizations, sole proprietors, international branch offices, funds and trusts.
HOW LONG WILL IT TAKE TO REGISTER MY LEI?
The RapidLEI platform uses automation to make the LEI application process quick and easy. Many LEIs are issued in just minutes, but if company identity data needs additional human-based checks, it takes a little longer. If this is the case, we still issue your LEI in just hours, and almost always on the same day as application.
I ALREADY HAVE AN LEI, HOW DO I RENEW IT WITH RAPIDLEI?
Only the LOU managing the LEI can renew the LEI. If you want to renew an existing LEI with RapidLEI, you must first transfer it to RapidLEI. This is a simple process and our web forms guide you through the process (click for LEI transfer process).
HOW DO I FIND OUT IF MY LEI IS LAPSED, INACTIVE OR INVALID?
WHO IS UBISECURE?
Ubisecure is an identity services technology provider and the GLEIF accredited organization behind RapidLEI. We develop SaaS, cloud solutions, and on-premise software for Identity & Access Management. LEIs are central to our vision on providing security and identity services for the organization identity domain. We have offices in the UK, Finland, Sweden and Germany.