We collect LEI-numbers

In accordance with the EU Central Securities Depository Regulation, we have an obligation to collect and maintain a register of our clients’ LEI codes.

LEI stands for Legal Entity Identifier. An LEI is a global code which can be used to trace and identify companies or other legal persons which issue and deal in securities.

To be able to issue and register securities with us, you will need to provide us with the LEI code for your company.

How to apply for an LEI code

Follow the instructions below to apply for an LEI code for your company:

  1. Choose an approved LEI issuer. You can obtain a copy of the approved list from LEI ROC (the Legal Entity Identifier Regulatory Oversight Committee).
  2. Apply for your LEI by registering your details on the website of the issuer. The issuer will charge a fee for supplying you with an LEI code.
  3. Pay the fee.
  4. Once your application has been approved and your fee paid, you will receive an LEI code for your company.

You can find a list of authorised LEI issuers at Global Legal Entity Identifier Foundation (GLEIF) website. As a legal entity, you are not limited to using LEI issuers within your own country. Therefore you can use the registration services of any LEI issuer that is accredited and qualified to validate LEI registrations within your authorized jurisdiction(s).

Send LEI-number

Once you have acquired an LEI code, the next step is to send it to Euroclear Sweden for registration. Use the form below to send the code to us.



Frequently asked questions about LEI-number

What does it cost?
The issuer will charge a fee to issue an LEI and depending on which issuer you choose, the cost of this fee will be between SEK 750 and 1500 for the first year. The annual fee thereafter is typically between SEK 500 and 1000 to renew your LEI code. See the issuer website for exact price.

Why do I need an LEI number?
In order to be a client of ours, you will need an LEI number in order to be able to register and issue securities. Why? To comply with the CSDR, we have a legal obligation to collect and record the LEI codes of companies and other legal persons who issue securities through us.

If your company also trades in securities, then you need an LEI code in accordance with the requirements of other regulations such as the MiFID II/MiFIR, which banks and other securities companies must follow when reporting to the authorities.

Why were LEI codes introduced?
The CSDR places requirements on securities depositories within the EU to collect LEI codes so that European financial supervisory authorities can keep records of companies that issue financial instruments to be able to identify each individual organisation in all transaction reporting.

This means we have to report our customers’ LEI codes to the Financial Supervisory Authority in Sweden. Companies which also trade in securities are, as of 3 January 2018, also required to have an LEI code under the EU regulation MiFID II/MiFIR which regulates the transaction reporting of securities trade.

More information on the rules pertaining to LEIs and securities trading can be obtained from your bank.

If you have further questions about LEI codes, you can either go to the Global Legal Entity Identifier Foundation's website www.gleif.org or contact us by email: issuerorder.vpc@euroclear.com.

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