LEI Code Definition and Purpose
Understanding the LEI code definition is essential for identifying legal entities in global finance. An LEI ensures transparency, trust, and accura...
Most LEIs issued within 2 business hours.
We source our data from ASIC and the ABR for data accuracy.
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The Legal Entity Identifier (LEI) is used across Australian and global regulatory frameworks so banks, regulators, and counterparties can instantly identify the entity behind financial transactions.
Summary is illustrative; refer to ASIC, APRA, RBA, and AUSTRAC guidance for full details.
Four quick steps from application to an active Legal Entity Identifier.
Enter legal entity details, address, identifiers, and contact information.
Pick a 1, 3, or 5 year plan, then pay securely via Stripe using cards, bank, or digital wallets.
Provide digital authorisation for us to issue the LEI on your behalf through our LOU.
We validate the data, register your entity with GLEIF, and deliver the LEI and certificate.
Do you have an LEI? Renew LEI 1 year
Choose 1 year LEIDo you have an LEI? Renew LEI 3 year
Choose 3 year LEIDo you have an LEI? Renew LEI 5 year
Choose 5 year LEIIncludes GLEIF fee. GST applied only where required by law.
Australian LEI groundwork
The Australian Registered Fund Identifier initiative demonstrates how consistent entity identifiers can improve fund-data matching, building momentum for LEI adoption.
GlobalLEI system launches
Following the G20 mandate, Australia's ASIC Derivative Transaction Rules come into force, and reporting entities begin collecting LEIs for themselves and their OTC derivative counterparties.
APRA and RBA consultations
APRA and the Reserve Bank of Australia explore using LEIs across Economic and Financial Statistics collections to improve prudential and monetary data quality.
ASIC expands reporting scope
ASIC extends the derivative reporting mandate to Phase 3B entities, reinforcing the need for LEIs across corporates, managed investment schemes, and their authorised representatives.
RTGS renewal readies LEIs
The Reserve Bank of Australia signals that counterparties in repos and high-value payment schemes should adopt LEIs ahead of RTGS renewal to simplify sanctions screening and settlement.
ASIC reporting updates
ASIC refreshes delegated reporting guidance, emphasizing that LEIs must be maintained for principals, agents, and underlying funds to keep data accurate.
Digital economy strategy
Australia's Data and Digital Government Strategy recognises the LEI as a key corporate identifier for secure information-sharing across government and critical infrastructure.
ASIC Derivative Transaction Rules 2024
Updated ASIC derivative reporting standards adopt CDE 2.0 and reaffirm that all reportable counterparties and intermediaries must maintain active LEIs.
Broader adoption
AUSTRAC reporting entities, cross-border payment platforms, and supply-chain financiers continue adopting LEIs to accelerate KYC, sanctions screening, and international trade documentation.
Understanding the LEI code definition is essential for identifying legal entities in global finance. An LEI ensures transparency, trust, and accura...
Verifying organizational identity remains a complex, time-consuming process that costs financial institutions and companies billions annually. The ...
Nord vLEI is now a GLEIF Qualified vLEI Issuer. Nord vLEI focuses on the issuance and management of vLEIs and their associated OOR and ECR credenti...
Apply directly with GlobalLEI instead of using a broker or registration agent. That means faster processing, direct support, and lower fees.
A Legal Entity Identifier (LEI) is a unique 20-character alphanumeric code used to identify legal entities in financial transactions worldwide. It acts as a global reference ID for your organisation, designed to improve transparency and risk management in the financial system.
Each LEI is linked to reference data about the entity—such as its official name, registered address, and ownership structure—helping answer the questions of "who is who" and "who owns whom". This enables regulators and counterparties to uniquely identify organisations across the globe.
Search the GLEIF database by LEI code or legal entity name, then confirm whether a record is Active, Lapsed, or Pending.