1. LEI

LEI

Due to new regulations, a global identification code has been introduced for trading in securities. Each company is required to have an LEI-code.
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Requirements for companies when trading securities

All companies and other legal entities require a global identification code, referred to as a Legal Entity Identifier (LEI), to be able to carry out securities transactions. To avoid problems with your securities trading, you need to register your company’s LEI. Companies do not require an LEI to trade mutual fund units. However, trading in exchange-traded funds (ETF) does require an LEI.

How to order and register an LEI:

  1. Select an authorised issuer of LEIs. You will find links to these below.
  2. Register your information on the issuer’s website.
  3. Pay the required registration fee. The price is shown on the LEI issuer’s website.
  4. You will receive an LEI code when the LEI issuer has approved you application and the registration fee has been paid.

How do I order an LEI?

You can apply for an LEI directly from an issuer or via an intermediary. The Legal Entity Identifier Regulatory Oversight Committee (LEI ROC) has produced a list of approved issuers.
Issuers approved by LEI ROC (Opens in a new window)Opens in a new window

Here are some frequently used intermediaries: 

How much does an LEI cost and how long does it take?

Depending on the issuer, an LEI costs between SEK 750 and SEK 1 500 for the first year. Subsequent annual fees are between SEK 500 and SEK 1 000. To be able to trade in securities, it is important that you update your LEI every year and pay the annual fee. It will usually take around 5-7 business days to receive your LEI. However, if many companies are applying, it may take longer.

Important information:

  • It takes 5-7 business days to get an LEI, so allow plenty of time.
  • Renew your LEI annually.

Frequently asked questions about LEI