LEI NUMBER REGISTRATION APPLICATION

 

 

 

 

The LEI number registration process is simple.  Just fill in the blanks in the LEI number registration application form and submit your data.

RECEIVE YOUR LEGAL ENTITY IDENTIFIER IN HOURS, NOT IN DAYS! THE FASTEST LEI REGISTRATION IN NEW ZEALAND
$99 $99
/
1 year 1 year
$99 per year $99 per year
$237 $237
/
3 years 3 years
$79 per year $79 per year
$345 $345
/
5 years 5 years
$69 per year $69 per year
Company

Entity Address

*Note - first known date can not be a date after the end of the last accounting period. In this case the company does not have a direct or ultimate parent because there is yet no consolidation in the financial accounts. Please check above “I do not have a direct/ultimate parent.” or a reporting exception “Does not consolidate” Thank you!

*Note - first known date can not be a date after the end of the last accounting period. In this case the company does not have a direct or ultimate parent because there is yet no consolidation in the financial accounts. Please check above “I do not have a direct/ultimate parent.” or a reporting exception “Does not consolidate” Thank you!

How to register the LEI number

1. Fill in the blanks in the LEI number registration application form.

In most circumstances, the company data is automatically gathered from the New Zealand Companies Register. If you apply for an LEI number for a Pension Scheme or a Trust, we ask you to provide a document (Trust deed) to verify the legal address, Trust/Scheme name and the signing authority for the entity.

2. Submit the LEI number registration application form and pay with credit card or PayPal account.

3. Your data will be sent for data validation and the LEI number sent to you by e-mail.

If the submitted LEI number registration data is incorrect or the Legal Entity cannot be identified from the public databases, we will contact you to verify the information provided.

What if I am not able to provide this information?

If the Legal Entity does not have relations or cannot report them while applying for an LEI number, it will be necessary to indicate one of the following reasons:

- Natural Persons There is no parent entity according to the definition used because the entity is controlled by a natural person or persons without any intermediate legal entity meeting the definition of accounting consolidating parent.

- Non Consolidating There is no parent according to the definition used, because the entity is controlled by legal entities not subject to preparing consolidated financial statements.

- No Known Person There is no parent according to the definition used in the Legal Entity Identifier Foundation because there is no known person controlling the entity (e.g., diversified shareholding).

- Non-Public For all the below use cases

  • Legal Obstacles: Obstacles in the laws or regulations of a jurisdiction prevent providing or publishing this information. The entity can not publish a parent entity in the Global LEI number database.
  • Consent Not Obtained: The consent of the parent was necessary under the applicable legal framework and the parent did not consent or could not be contacted.
  • Binding Legal Commitments: Binding legal commitments (other than the laws or regulations of a jurisdiction), such as articles governing the legal entity or a contract, prevent providing or publishing this information.
  • Detriment Not Excluded: The child entity has sought to consult the parent entity about the reporting of the parent information but could not confirm the absence of detriment in a way that can appropriately prevent liability risks for the child entity.
  • Disclosure Detrimental: The disclosure of this information would be detrimental to the legal entity or the relevant parent. This will include reasons generally accepted by public authorities in similar circumstances, based on a declaration by the entity.

What happens if the Legal Entity is not registered?

Most of the companies or entities are registered with one or multiple registration authorities. A registration authority can be an official company registry as New Zealand Companies Register or a tax authority.

If the entity is not registered but still needs an LEI code, we will ask you to provide additional documents. It can be a Trust deed, registration with the tax authorities or a contract.

Can I apply for an LEI number if I am not a legal representative for the company?

Yes, you can apply for an LEI number if you are not the Legal Representative of the company. However, we will contact you to sign a Letter of Authorisation by the legal representative of the company. We will provide the Letter of Authorisation by e-mail and you can either scan in the signed copy or take a picture with your mobile phone.

Can I apply for an LEI number for a company registered in another country?

Yes, you can apply for a company in another country. Please fill in the application as registered in the local company registry. After that, we can complete the validation process from the respective registry.

My company is owned by another company - what and when do I have to report it?

According to the GLEIF rules, legal entities are entitled to provide information about the parent and ultimate parent entity. The fact that one company owns part or all the shares of another company is not enough to make it a parent entity.

A parent entity has to be reported only if:

  1. Parent owns MORE THAN 50% of the child entity.
  2. AND the parent entity consolidates the financial results in its annual report.

If the child entity is owned by the parent but the parent does not consolidate the results then according to the GLEIF terms it is not a parent/child relationship.

What information I have to provide if the Legal Entity is owned by another company and the annual accounts are consolidated?

  1. Name and address of the parent entity
  2. First known relationship date
  3. Accounting period (of the last consolidated annual report)
  4. Proof of consolidation. Currently, the only accurate proof of consolidation is the last consolidated annual report of the parent entity.

What is the difference between the parent and the ultimate parent ?

Parent entity - First known parent who consolidates the financial accounts of the child entity.

Ultimate parent - The final consolidation partner for the child and parent entity.

An example:

  1. Company LEI Register applies for an LEI number.
  2. Company LEI Register is owned by the Legal Entity Identifier LTD(>50%) and it consolidates the results of LEI Register.
  3. Company Legal Entity Identifier LTD is owned by LEI Code LTD(>50%) and LEI Code LTD(>50%) is owned by the Ultimate LEI Code Parent Holding LTD.

Child entity - LEI Register

Direct Parent - Legal Entity Identifier LTD

Ultimate Parent - Ultimate LEI Code Parent Holding LTD

What data will be included in the LEI number records

LEI data consists of 2 levels:

LEVEL 1 data: general information about the legal entity. Answers the question of who is who?

  • Legal Name
  • Alternative or Previous Entity names
  • Where the company has been registered
  • Company Number of the entity in the registry
  • Jurisdiction
  • Legal form
  • Status (Active, Retired, Merged, Dissolved)
  • Addresses (Legal and Headquarters)

LEI registration details:

  • Registration date
  • Last update - when the LEI data was last updated?
  • Status - Issued - Lapsed - Retired - Annuled - Pending Archival
  • Next Renewal Date  - when the LEI data has to be renewed again to keep the LEI active
  • LEI Issuer - the LOU who is the current manager of this LEI

More information about Legal Entity Identifier Level 1 data.

LEVEL 2 data: Who Owns Whom?

Information about parent-child - ultimate parent relations. It also includes exceptions if Level 2 data is not reported.

More information about LEI number LEVEL 2 DATA.

LEI:
LEI Next Renewal Date:
Your LEI is currently being managed by [current_lou]. Please note that during renewal process your LEI will be transferred to another GLEIF accredited LEI provider.
The LEI has lapsed, and you must conduct an annual renewal with the transfer process.
Your LEI is currently being managed by [current_lou]. You are about to transfer your LEI under LEI Register management. To complete the process we need to transfer your LEI to our Partner LOU, RapidLEI. RapidLEI is a GLEIF accredited LEI issuer. Please choose below between a regular transfer (LEI will not be renewed) or a transfer with LEI renewal.

What is the difference between an LEI transfer and LEI renewal?



LEI renewal is an annual update of the registration data related to the Legal Entity in the GLEIF database. The data related to the entity has to be updated at least once a year.

LEI transfer is the movement of the LEI code from one service provider to another. The LEI is transferrable to ensure the client has a choice between the service providers. If the client is not happy with the fees, service or data quality it can move the LEI to another LEI issuer (LOU). In the process of transfer the LEI number does not change. It is a back-end process which is not visible to end customers. All the LEI codes are valid in every jurisdictions. Investment service providers can not differentiate the LEI numbers according to the LOU.

LEI Register offers a transfer service with an LEI renewal to ensure the highest level of data accuracy.
To continue with the renewal we first need to transfer your LEI, please use the LEI transfer form to continue with the renewal.
"Dear customer, Your LEI is currently being managed by our partner LOU RapidLEI, but not under our management as a Registration Agent. We appreciate your interest in our service but unfortunately can not currently support your entity. To renew your LEI, please contact RapidLEI directly at support@rapidlei.com or visit their partner site to find your local partner. Thank you for understanding! LEI Register Support Team"
Dear customer, You currently have a valid contract with us for LEI code [lei]. The contract is valid until [paid_until]. This means we will take care of the annual LEI renewals for you until [paid_until]. Your can check your LEI data here: [leicert_link] If you need to update your LEI details or have any questions, please contact us at [site_email].
Do you agree with the transfer and continue to renew the LEI with the same application?
You are about to complete the LEI transfer application. As a final confirmation we need to make sure that you have on purpose selected LEI transfer without data renewal. Would you would still like to renew your LEI with the transfer ?