Frequently Asked Questions
Our answers to the most important questions
How do I obtain an LEI?
You can apply for an LEI quickly and easily via our online portal. All you need is to create an account and submit an application. Once we receive your application, a validation check is performed. The validation checks performed against Legal LEI records are to confirm that the requested entity exists, that it is eligible to receive an LEI, and that the submitted data is accurate. Once your data is verified, your LEI is issued and sent to you via email.
Who can register my entity for an LEI?
The LEI registration can be processed by any person who has been authorized by the firm for which the LEI is being registered, whether a direct employee, an employee of a controlling interest, or a third party who has been given explicit permission to register on the firm's behalf. Authorised parties that are not listed as officers of the firm for which the LEI is being registered must provide a signed letter of authorisation.
Continue to registration
Why do I need a user account?
The user account is your control centre for managing your data and LEIs. As soon as you are logged in, you can for example request one or more LEIs, renew your LEI, transfer an LEI from another provider to GS1 and update your account profile.
What LEI services does GS1 provide?
You need a user account to apply for and manage your LEIs with GS1. Once you have logged in, you can choose one of the following services:
- Apply for one or more LEIs
- Renew the term of your LEIs
- Transfer LEIs from other LOUs or user accounts to GS1
- Update your account profile
How can I apply for multiple LEIs at the same time?
GS1 offers bulk registration services if applying for 10 or more LEIs. Bulk registration allows users to submit a single file in a pre-specified format to register new LEIs for use in regulatory reporting. These LEI records will appear on the LEI.direct portal after LEI assignment. This process simplifies and automates the registration of multiple entities, and is intended for processing large numbers of records.
Step 1: If you do not have a user account yet, please register.
Step 2: Tell us that you wish to submit a collective application via E-mail.
Step 3: We will send you an Excel form for your data.
Step 4: Send us back the completed form with a Letter of authorisation, if applicable.
Step 5: We will review and validate your data and you will receive your LEIs.
What is the cost to obtain an LEI?
Please refer to our price list All fees related to the allocation and renewal of LEIs are calculated on a cost-recovery basis, per GLEIF requirements.
What are the payment requirements of the GS1 LEI.direct portal?
- Payment via the online payment portal is required before any processing will occur.
- Transactions effected on the LEI.direct portal are rendered secure by the Ingenico payment system (https://payment-services.ingenico.com). All information exchanged to process the payment is encrypted using the SSL protocol. This data cannot be detected, intercepted or used by third parties, and are not stored on GS1’s computer systems.
- Refer to the payment process guide for additional assistance.
- The refund policy can be found in the Terms and Conditions of the LEI.direct portal.
What payment methods are accepted?
GS1 offers a diverse selection of payment options:
Bancontact: Bancontact’s online payment scheme can be used by all customers with a Bancontact branded payment card. When using bancontact to pay online, customers transfer money directly from their bank account, through the familiar Bancontact online banking product.
Bank transfer: Paying by bank transfer is a very familiar and safe way for customers to pay online. They use their own trusted online banking environment to transfer money. When customers choose to pay through bank transfer, they receive the payment details directly on their screen and through an e-mail. Customers then log in to their own online banking environment and transfer the payment from there, when it’s convenient for them. Customers must include the payment reference in the memo field of the transfer to ensure that payment can be recognised successfully. The payment reference can be found in the email with payment instructions that is sent after an order is submitted. Please allow up to five days after payment is sent for the payment to be recognized. Please keep in mind that your order will not be processed until payment is received.
Belfius: Belfius is one of Belgium’s biggest banks and provides its customers with its own online payment method. Customers with a Belfius bank account can use this payment method to transfer payments directly from Belfius’ online banking environment or through the bank’s smartphone app.
Credit Card: Visa/Mastercard/Carte Bancaire/Maestro
Giropay: Germany’s most popular way to pay online is the bank transfer, used in 51% of all online purchases. This makes Giropay, integrating over 1,500 German banks, a very popular payment method on the German market. Because it uses real-time bank transfer, the payments made with Giropay are 100% guaranteed.
iDEAL: iDEAL is the most widely used payment method in the Netherlands. It’s a trusted, secure and convenient way of paying online. Customers transfer money directly from their bank account, through the online banking product they’re familiar with.
ING Home’Pay: ING Belgium is one of Belgium's biggest banks. Home'Pay is a dedicated payment method for its consumer and enterprise customers. Home'Pay allows customers with either a Home'Bank or Business'Bank online banking account to safely pay for online purchases through their own, trusted online banking environment, without the need for a credit card.
KBC/CBC Online: This is an online payment method for customers of the KBC and CBC, Belgium’s largest consumer banks. When customers pay through the KBC/CBC Payment Button they transfer the payment directly from their own, trusted online banking environment.
SOFORTBanking: A SOFORTBanking transaction is a direct transfer and enables consumers to use internet banking's safe information. SOFORTBanking's payment process is in real-time and ensures a quick confirmation of payment transfer. Processing a bank transfer generally takes a couple of workdays, but we have instant status updates for the payment status, and will process your order immediately after payment is received.
What is the renewal process?
Although entity data at the time of registration may be accurate, the reference data associated with an entity record will change over time. As a result, users should return to the LEI.direct portal on an annual basis to renew their record via the renewal process. The GS1 validation team will perform a validation check for all requests made via the LEI.direct portal. Checks will be made for duplication, data accuracy, and data formatting. Failure to renew a record on an annual basis may render the LEI non-compliant with practices recommended by the FSB and ROC, and in some instances may indicate non-compliance with regulatory requirements.
Please note, early renewal of your LEI will extend the validity of your LEI for an additional 12 months from the current date of expiration. For example, if your LEI is set to expire on November 1, 2018 and you renew on October 1, 2018, the next renewal date for your LEI will be November 1, 2019.
Can users transfer their existing LEI record(s) to GS1?
Users may request that management of their existing LEI record(s) currently registered with another LOU be transferred to GS1. To transfer your LEI to GS1, you must first create an account and then complete the form under the Transfer service. For additional support, please refer to the guide transferring of existing LEIs.
While the identifier itself will not change, the ongoing maintenance and administration of the LEI will be transferred. There is no fee to transfer unless the current registration status of your LEI is Lapsed. In this case you will be charged a renewal fee at the time of transfer. As transfer requests involve the coordination of two different LOUs this process can take longer than the other action requests.
How can I update my LEI reference data?
An authorized party can request changes to a record through the update process at any time. You may do this by accessing your LEI.direct user account.
How do various corporate actions affect an LEI record?
NAME CHANGE - The LEI will remain the same since this is still the same registered entity. However, the name change information should be submitted in the Update section.
MERGER - For two LEI records that have a merger, the surviving entity will maintain its original LEI while the merged entity will maintain its LEI as well, but have its status changed to Merged. However, if a new entity is formed from the merger, then a new LEI will need to be registered.
INCORPORATION/HEADQUARTERS CHANGE - The LEI will remain the same. However, the new registered/headquarters address should be submitted in the Update section.
ACQUISTION/CHANGE OF PARENT - The LEI will remain the same. However, the associated parent field will need to be updated in the Update section
How can I access LEI data files?
GS1 will provide full universe files (XML format) on a daily basis in the File Downloads section. The full file will contain the entire LEI database currently managed by GS1 and is accessible via our search service or by downloading the entire file.
What does the different status information on LEIs mean?
When you retrieve LEI information via the LEI search in the GS1 database or in the global database, you will receive status information for each dataset.
Status information overview
The application for an LEI was submitted. The data is currently being verified.
All data was verified and the LEI was allocated. This also means that all data of the past year was verified.
The last time the data was checked for accuracy was more than one year ago and for this reason this LEI dataset is no longer current.
The entity of this LEI merged with another entity. The independent legal entity accordingly no longer exists.
The entity of this LEI no longer exists and did not merge with another entity.
A transfer to another issuing agency (LOU) was requested for this LEI. After the transfer is complete, the LEI will receive the status ISSUED.
The LEI is about to be transferred to another LEI issuing agency (LOU).
An LEI for an entity for which an LEI already existed. One of the LEIs will be declared invalid and will receive the status DUPLICATE.
The LEI was declared faulty or invalid after being issued.
The LEI dataset was transferred to another LEI issuing agency (LOU). The information on the new LEI issuing agency will be displayed in another field of the dataset.
An LEI registration abandoned before an LEI is issued. The dataset will not be published in its current state, yet can be exchanged between LEI issuing agencies (LOUs).