How can I renew my LEI number?

In a globalized business world, it is incredibly important that an active LEI (Legal Entity Identifier) number is maintained and always renewed. For this reason, we have implemented not only a quick, but also a very simple way for you to renew your LEI number managed with us.

How to renew your LEI number via Eunetic

Why should I be sure to renew my LEI?

Your LEI number provides you with a unique identification code that identifies your company and contributes to transparency and standardization. In order for the LEI to remain valid, it must be renewed year after year. If it is not renewed, it is given the status "lapsed" and is also displayed accordingly in the GLEIS (=Global Legal Entity Identifier System) database. Should an LEI lapse, then this can result in a trading halt being ordered and/or your company being subject to heavy fines for non-compliance.

Save time, money and risk with multi-year renewal

Renewing your LEI number annually can be not only time-consuming but also risky. For example, if the person previously responsible for renewal leaves the company and no successor has been appointed. This can result in the LEI registration expiring and a trading halt being issued and/or a penalty for non-compliance. To prevent this, we offer the option to register an LEI number for 1, 3 or 5 years. 

By registering for multiple years, you can be assured that your LEI number will be automatically verified for accuracy at the time of each renewal and will never expire during that time period. This saves you time and minimizes the risk of a trading halt or fine.