The good news came last week by email. Effective immediately, EQS Group AG is an official issuing authority for Legal Entity Identifiers (LEI), making us now one of only three dozen Local Operating Units (LOUs) worldwide that has the authority to assign the 20-digit, alphanumeric code. We thereby further expand our reporting obligation services from a single source.
Our path to accreditation
The path to accreditation from both the Global Legal Entity Identifier Foundation (GLEIF) and the Legal Entity Identifier Regulatory Oversight Committee (LEI ROC) was arduous. The application phase, in which our newly created, innovative portal LEI MANAGER was meticulously tested by the GLEIF, was 16 months long. At long last, we got the green light from Switzerland!
Beginning in 2018, LEIs are mandatory
Companies can now apply at www.lei-manager.com for the financial identification number in order to comply with all provisions of the EU Directive on Markets in Financial Instruments (MiFID II) and the accompanying MiFIR regulation. Starting January 2018, companies will be required to have the 20-digit, alphanumeric, ISO standard 17442 code to publish voting rights notifications, internal information and proprietary transactions of executives.
The EQS LEI MANAGER is innovative and self-explanatory: with just a few clicks, companies can apply for their LEI. All that is required is a current commercial register extract as well as a power of attorney from the CEO or authorized officer.
And if any questions should arise, our 24/7 multilingual hotline will help you access your individual identification code – quickly, safely and efficiently. Our LEI licensing is driven by our overriding service concept, a passion for service which our customers have become accustomed to.
Get your LEI in one day
The LEI MANAGER offers a full service spectrum, even when time is off the essence. We guarantee the delivery of your LEI on the same day of your application* and we’ll provide complete hosting, administration and transfer of LEIs to the LEI MANAGER, if desired.
Apply today, receive a LEI today*
By the way, EQS’s LEI service benefits investment fund companies, banks and agencies that require many LEIs. With the LEI MANAGER, bulk applications are possible, and often given special rates.
* when application is submitted on a week day before 4 p.m. (CET)Back to home