In this section you can find the answers to some of the most commonly asked questions about LEI code, LEI registration and LEI renewal. If you happen to have a question that’s not answered below, feel free to contact us firstname.lastname@example.org and we’ll respond as soon as we can. If you have a question about our prices, you can find them in the LEI price list. If you have a question about the LEI registration service marketed at LEI Certificate please contact LEI Register™ for a more detailed answer.
What is LEI code?
LEI code is a legal entity identifier number consisted of 20 alphanumeric characters. This number is assigned to companies that trade on the securities market so that they can be easily identified by the relevant authorities.
Does every company need a LEI code?
LEI code is required for all legal entities that trade in securities.
Why is this LEI code so important?
A LEI code is necessary so that the relevant authorities can identify all the legal entities that trade on the securities market. Once they determine the LEI code of a company they can trace back all the transactions made by that company or legal entity. This serves the sole purpose of making the financial market completely transparent and preventing malfeasance.
Are LEI codes public?
Yes, every LEI code is public as is the information connected to it and the company it identifies. You can find this information in the GLEIF database.
How can I get a LEI number for my company?
All you have to do is register a LEI number by choosing one of the many service providers that offer this service. LEI Certificate offers the best prices for LEI registration and renewal on the market.
What’s the price for LEI registration?
Every service provider dictates its own prices for LEI registration. LEI Certificate offers the following prices:
LEI 1 year – 690HK$ – 690HK$/year
LEI 3 year – 1600HK$ – 533HK$/year
LEI 5 year – 2500HK$ – 500HK$/year
Prices are excluding GST but include all fees.
How long is my LEI code valid?
Every LEI code is valid for 1 year. After this, you need to renew your LEI if you want to keep it active.
Where can I see if my LEI code is valid?
You can find this information in the GLEIF database by typing in your company name or its LEI code.
What’s the renewal process for my LEI?
The renewal process is simple and easy. You can do it through your service provider. LEI Certificate offers you the option to renew your code for 5 years at a time.
What’s the price for LEI renewal?
LEI registration and renewal cost the same. You can renew your LEI at LEI Certificate for 690HK$/year + GST.
If I choose the multiple year renewal what will I get?
Choosing the multiple year renewal is the best option. It’s not just the cheapest price but you also won’t have to worry about your LEI code being valid for up to 5 years. We make sure it’s automatically renewed every year. All you need to do is pay the fee for 3 or 5 years and leave everything else to us.
What payment options do you offer?
LEI Certificate offers the following payment options:
- American Express
Can I transfer my LEI code from another provider to LEI Certificate?
Yes, you can. If you’ve registered with another provider but now you want to transfer to LEI Certificate, it’s super simple and easy. Just fill in the application form for transfer and the process will be completed in less than 7 day. Plus, it’s completely free to transfer your LEI code.