The requirement for LEIs has been driven by the implementation of a range of domestic and international regulations, including financial transaction reporting obligations.
A LEI can be issued to:
- Registered Companies including Subsidiaries
- Funds & Trusts
- Not for Profit & Charity Organisations
- Government Departments & Agencies
- Sole Proprietors
- Branch offices (note the HQ entity must already have a LEI)
A LEI should NOT be requested for individuals or operating divisions. These entities should utilize the LEI of their parent organization.
We recommend that you seek your own advise on whether your entity requires a LEI.