About Global FinReg

We are a leading LEI registration agent, and we offer the best platform for handling LEI codes. This includes automatic updating of your company information through local business registries and professional customer service.

We have been in business since 2017, and we are endorsed by all the biggest banks and asset managers in Denmark. They know that data security is our number one priority, and that we will never compromise client information. Our mission is simple: we want to be the world's best registration agent.

Advantages include:

  • Fast, easy and secure LEI registration
  • English customer support
  • Automatic renewal of your LEI code
  • Automatic updating of your company data through corporate registries

5 star rated by our clients

Global FinReg on trustpilot - Trustpilot Rating

4.5 out of 5 on Trustpilot

What our partners say about us

As a partner, we feel very well taken care of by Global FinReg. They ensure that everything LEI-related runs smoothly, so we can focus on our business and manage our funds. Global FinReg is responsive and service-minded and the best registration agent we have ever had.

Shannon Wyant from

We have chosen Global FinReg as our technology provider. Their knowledge about LEI codes and the corporate verification process is integral for the development of our wallet technology.

Conor Ringland from

Global FinReg enables us to provide top-notch customer service and tell our clients to leave everything LEI-related to us. As soon as a client is onboarded, we put them on the Watchlist. It’s a useful compliance tool that lets us keep an eye on things and know that everything is in order.

Sverrir Sverrisson from

We value reliability and efficiency, which is why we are happy with our partnership with Global FinReg. Their platform and use of blanket POAs enable us to quickly and efficiently create and manage LEI codes for the companies we have in our loan portfolio.

Kristian Marker Frederiksen from

Services

We offer the following services, depending on whether you want to apply for a new LEI code, renew an existing LEI code, or move an LEI code to our platform. Please contact our customer services team, if you have any questions or need help.

Get an LEI code for your legal entity here.

Click here if you wish to renew an existing LEI code.

We can transfer your LEI code to our platform - free of charge.

Want to save time and hassle? Let us handle the registration for you and help find the right documents.

Partners

Want to order an LEI code?

Create new LEI Renew LEI Transfer LEI code
Do you need help? Contact us here

What is an LEI code?

What is an Legal Entity Identifier (LEI)?

A LEI number, also called an LEI code, is an abbreviation for the term Legal Entity Identifier.

An LEI code is a standardized code of 20 characters consisting of both digits and letters, which makes it possible to uniquely identify companies and other legal entities (such as associations, foundations and endowments) to ensure transparency and stability in the global financial markets.

Who should get a Legal Entity Identifier (LEI)?

All types of companies, whether privately or publicly owned, must have an LEI code if they wish to sell or buy securities. The legislation entered into force on 3 January 2018 and was prompted by a proposal from the G20 countries in the wake of the financial crisis in 2008.

You can read more about the background of the LEI system here .

Order a new LEI code, renew your LEI code or move your LEI code

With us, you can buy a new LEI code if this is the first time you need one. It takes less than 2 minutes to create an LEI code, and you will receive your LEI code within 0-2 business days.

You can also renew your LEI code if you already have one. You can extend your validity period by 1, 3 or 5 years. Your LEI code becomes cheaper if you extend to a 5-year validity period. You can read more about renewing your LEI code here .

If you want to transfer your LEI code to Global FinReg from another LEI provider, you can do so easily, quickly, and securely here . We can do it for you if you contact our customer service . Moving your LEI code to us is free of charge.

Why you should buy your LEI code from us

Global FinReg is a Danish company founded in 2017. Today, we manage more than 19,000 LEI codes, and we are recommended by all the leading banks and asset managers in Denmark. They know that security is our number one priority and that we treasure our client relationships.

We offer the best LEI platform and automatically update your company data through corporate registries. This way, you save time and trouble.

At Global FinReg, you can pay for a validity period of up to 5 years and get several benefits at once: you don't have to renew your LEI code yourself every year, and you get your LEI code at a cheaper price than if you renew it every year.

If you have any questions, please contact our global customer services team by phone or email. You can also click here to see the most frequently asked questions .

Why the cheapest LEI code is not the best

We understand that it is tempting to go for the cheapest LEI code out there. But we think that it's even more important to choose a good registration agent that 1) saves you time and trouble, 2) ensures that your LEI code is always valid, and 3) your company information is updated and in compliance with regulatory demands.

Det er derfor vigtigt, at du sikrer dig, at du ikke betaler for en længere gyldighedsperiode hos en billig LEI udbyder, som pludselig opløses eller går konkurs, og at din LEI-udbyder ikke videresælger dine oplysninger til en tredjepart.

Last but not least, you must also ensure that your LEI provider is GLEIF accredited, and that the price includes all GLEIF fees and charges.

The difference between an LEI code and a LEI number

There is no difference between a LEI code and an LEI number. LEI code is the official term, but many providers use both the term LEI code and LEI number, and so do we at Global FinReg. Regardless of which term you choose to use, LEI code and LEI number are exactly the same.

What can we use the LEI system for?

The LEI system can be used to help to track money laundering among many other things.

By now, it is well known how the LEI system started. It was created following a request from the G20 countries to the Financial Stability Board (FSB) in the wake of the financial crisis in 2008. The LEI system was adopted to ensure transparency and stability in the financial markets by answering the following three questions:

  • Who is who?
  • Who owns who?
  • Who owns what?

Today, it is a legal requirement for all companies dealing in securities to have an LEI code. You can read more about LEI codes in our FAQ .

An LEI code contains useful information

An LEI code contains two types of information which collectively answer the above mentioned three questions. We refer to this information as 'Level 1 information' and 'Level 2 information.'

Level 1 information is often referred to as reference data, which includes the official company name and registered address, and answers the question, 'who is who.' Level 2 information is about the company's ownership and ownership structure, i.e. 'who owns who.' You can read more in our article about data quality .

An LEI code makes it possible to uniquely identify legal entities that carry out financial transactions. This means that the LEI system plays a pivotal role in risk and fraud management in the financial markets by providing a transparent, global system that can verify all financial transactions.

The LEI system is used in the fight against money laundering

Not everyone knows this, but the ownership structure of all companies that have an LEI code can be found in the Global LEI Index at GLEIF . It is an open system that anyone can use to search for a company. The system creates transparency and helps financial institutions to act according to anti-money laundering law , as it is easy to find information about the company's structure and its beneficial owners.

Financial companies, lawyers, accountants, landlords, etc., are all subject to the law on anti-money laundering and have an obligation to report suspicious activities or transactions. Part of that responsibility is being able to identify the actual owners of a company.

LEI codes have become an important part of the process that financial institutions use to obtain and evaluate relevant information about their customers and potential customers. The process is called customer due diligence (CDD).

Customer due diligence is a big part of the Know Your Customer (KYC) standards, and it is an important part of anti-money laundering. This is where information is obtained about the customer's identity, the types of activities the customer is involved in, as well as the customer's risk profile. You can read more about anti-money laundering in our article here .

If you want to hear more about how the LEI system can help with anti-money laundering (AML) and Know Your Customer (KYC), please listen to the interview with Global FinReg's CEO, David Silverman, in this podcast from “The Laundry” ( Spotify - You Tube - Apple Podcast ) . He also talks about the significance of the LEI system when it comes to M&A and risk assessment and shares his memories from his time in New York during the financial crisis in 2008.

FAQ

Why is it important to automatically update my LEI code?

In several countries, Global FinReg is directly connected to the local company register via an API, which means that we automatically retrieve the official data into our database and avoid manual data errors. In Denmark, the UK, Norway, Estonia and Sweden, we automatically collect your information from the various business authorities. This means that as a customer, you are guaranteed an error-free application and experience no disruptions in relation to the activities that require a valid LEI code.

What happens if I don't have an LEI code?

If you have a business, you must be able to present an LEI code to your bank or brokerage if you wish to trade in securities. Banks such as Nordea, Danske Bank and Nordnet are subject to legal requirements where they must be able to report an LEI code for all their business customers. Failure to do so may delay their internal reporting processes and result in a fine or suspension of your trading.

How do I renew my LEI code?

A Legal Entity Identifier (LEI) code must be renewed once a year, according to GLEIF . This is primarily to ensure that your business information is up to date. It's easy to renew your LEI code on globalfinreg.com: 1) go to 'My Page', 2) click 'Renew Now', 3) select your desired validity period (1, 3, or 5 years), and 4) pay by card, MobilePay or bank transfer.

When you renew your LEI code, you can choose between three validity periods, all of which include ongoing maintenance of your data and GLEIF fees:

  • 1 year EUR 77
  • 3 year EUR 65.50 Cost / Year - (196.5 Total Price)
  • 5 year EUR 61.70 Cost / Year - (308.5 Total Price)

The longer your validity period, the cheaper your LEI code and the less work for you as you won't have to renew it every year.

Can you renew my LEI code for me?

If you don't want to renew your Legal Entity Identifier (LEI) every year, you can choose automatic renewal, which ensures that your LEI code is always active. You can sign up for automatic renewal of your LEI code through three quick steps:

  • Go to "Dashboard"
  • Click “Auto Renew” under your company name
  • Pay by card

How do I move my LEI code to Global FinReg?

Moving your Legal Entity Identifier (LEI) code to our platform is easy. You just need to fill in a short form with your LEI code or your company name and your phone number. Our system automatically receives the registered data from GLEIF via your LEI code, and if there are errors, we correct them. You can access the form and move your LEI code to us by using this link .

If you transfer your LEI code to Global FinReg , we will take care of all the practical work for you. This means that we update and maintain your data, renew your LEI code on time, and notify you if there are legal changes regarding your LEI code. You never need to worry about whether your LEI code is valid and active.

Does Global FinReg offer bulk orders of LEI codes?

Yes. If you have more than five companies for which you want to register new LEI codes, move or renew, we do it in bulk. This means that we process all your applications at once and that you can have one combined invoice. You can also access our partnership platform. Our partnership platform enables you to easily manage all your LEI codes, as well as find previous invoices.

You are welcome to contact us if you want to hear more about our bulk service.

Use our Fully Assisted LEI Service

Choose our fully assisted LEI service to save time and get help finding the right documents from the corporate registries. This speeds up the application process.

Get our Fully Assisted Lei Service here
Browse all of our services

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Want to order an LEI code?

Create new LEI Renew LEI Transfer LEI code
Do you need help? Contact us here

Headquarters

Address: Valdemarsgade 8, 2., 1665 København V, Denmark

Call: 77 34 17 19

Email:

Registration Agent

Languages Available

© Global Finreg A/S - CVR Reg: 38962639 - lei. 89450060XX5ILUURV330 - All Rights Reserved
Official Registration Agent of Nasdaq CSD SE 485100001PLJJ09NZT59