LEI Registration Consultants

LEI Registration Consultants

A valid LEI code is required for companies who want to conduct transactions in the securities market. Companies interested in registering their LEI code can choose from many service providers. The first service providers, however, charged exorbitant fees for the service. While the fee for LEI registration is no longer prohibitive, it does vary between service providers. The fee that is charged by GLEIF for each LEI issued is usually included in the price quote, but some agents offer additional services at a premium price.

LEI Registration Consultants are licensed to help businesses obtain their LEI. These individuals have experience in the LEI registration process and can assist companies in a variety of industries. They can help companies obtain their LEIs quickly and easily. In addition to providing expert advice and service, they can also provide complementary business services.

To acquire a LEI, organisations should make sure that the LEI registration consultant they select is accredited by GLEIF. The GLEIF website lists all accredited Local Operating Units (LOUs). LEI Registration Consultants act as a link between the end customer and the LOU. These professionals provide assistance with registration, renewal, and transfer services and manage the communication between the entity and the LOU.

The LEI is valid for a year and must be renewed annually. Most service providers offer multi-year packages and will take care of the renewal for their clients.

 


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