The initialism ‘LEI’ stands for ‘Legal Entity Identifier’. An LEI code is a 20-character alphanumeric sequence. The first four characters identify the Local Operating Unit (LOU) that issued the LEI. Characters five and six are reserved as ‘00’. Characters seven to 18 are the unique alphanumeric string assigned to the organization by the LOU. The final two characters are … [Read more...]
How to Apply for Your LEI
The UK’s local operating unit (LOU) for the legal entity identifiers (LEIs) – under contract to the Global Legal Entity Identifier Foundation (GLEIF) – is the London Stock Exchange plc (LSE). The LSE has been processing LEI requests since August 2013. Bulk upload functionality is also now available for firms requiring the allocation of 10 or more LEIs. You can request your LEI … [Read more...]