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United Kingdom
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220,000 LEIs in the UK
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Frequently asked questions

What is a Legal Entity Identifier?

A Legal Entity Identifier (LEI) is a unique 20-character alphanumeric code used to identify legal entities globally in financial transactions.
Designed to increase transparency and reduce fraud, LEIs are a mandatory requirement by financial regulators worldwide.

Legal entities involved in regulated financial markets must have an LEI. This requirement stems from international regulations like MiFID II and EMIR, which demand clear identification for all parties trading in stocks, bonds, or derivatives.

LEI Numbers are issued by Local Operating Units (LOUs) accredited by the Global Legal Entity Identifier Foundation (GLEIF). The role of an LOU is to:

  • collect and verify data submitted by companies.

  • Issue and manage LEI numbers in accordance with established rules and standards.

Registration Agents work alongside LOUs to assist companies with applying for, renewing, and transferring LEI numbers. While Registration Agents do not issue LEI numbers themselves, they facilitate the process through accredited issuers. LEI Universal is an official Registration Agent for Ubisecure Oy (LEI: 529900T8BM49AURSDO55).

LEI is typically issued within 24 hours, provided the submitted data is accurate and no additional documentation is required. In cases where further verification is needed (Level 2 data), the issuance process may take longer.

With Priority processing, your application is handled as a top priority, and your LEI number is typically issued within 3 hours. If errors occur in the submitted data or additional documents (such as consolidation group data) are required, issuance may take longer. You can select this service at checkout before completing your payment.

New LEI applications are priced at a flat rate of £40 per year, offering the best market value for new registrations. All prices include mandatory GLEIF fees.

LEI is valid for 12 months from the date of issuance and must be renewed annually to remain active. We also offer multi-year plans to ensure your LEI stays valid automatically, giving you total peace of mind.

You can verify the existence and status of an LEI using the search tool on our application form or via the official GLEIF website: https://search.gleif.org/#/search/.

When applying for or transferring an LEI number, additional documentation may be necessary in the following cases:

  • If the application is submitted by someone without statutory representation rights, a Letter of Authority (LOA) signed by a company director or authorized board member is required.

  • Transferring LEI from another provider – For transfers, a Letter of Authority is required if the person submitting the request does not have registered signing authority.

  • Parent-subsidiary relationships
    If an entity is more than 50% owned by a parent company, a consolidated annual report may be required to verify the structure. This can be uploaded directly via the application form.

  • Additional data check
    If the information in the commercial register is not sufficient to process the application, we may ask for additional documents to confirm the company’s details or right of representation.

If additional documents are needed, we will contact you directly.

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