WHAT IS A LEGAL ENTITY IDENTIFIER (LEI)?
A legal entity identifier (LEI) is a unique 20-digit alphanumeric code used to identify the entities in a financial transaction. Your global LEI is publicly-available information about your company that becomes part of a global directory for worldwide transparency and helps to maintain the integrity of global financial markets, financial institutions and your transactions.
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For more information on LEIs check out our short video below or feel free to get in touch with us to learn more about our LEI services. Call us directly or fill out the form:
Business Entity Data (BED) B.V., a wholly owned subsidiary of DTCC, owns and operates the Global Market Entity Identifier Utility (GMEI) and is the Legal Entity Identifier (LEI) solution run by Business Entity Data (BED) B.V., a wholly owned subsidiary of DTCC. In its Registration Agent capacity, COGENCY GLOBAL is a partner of GMEI.
Established by the Financial Stability Board in June 2014, the Global Legal Entity Identifier Foundation (GLEIF) is tasked to support the implementation and use of the Legal Entity Identifier (LEI). The foundation is backed and overseen by the LEI Regulatory Oversight Committee, representing public authorities from around the globe. GLEIF is headquartered in Basel, Switzerland.