Transfer LEI / Change Account Administrator
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A transfer of LEI to NordLEI is always free of charge. An LEI managed by an LOU other than NordLEI first needs to be transferred to your user account.
What is a transfer of LEI code?
The annual renewal of your LEI requires your active participation by logging into the NordLEI portal to confirm that you still want to keep the LEI maintained. You are requested to update and confirm information about your company/legal entity in case anything has changed, e.g. address updates, changed company name etc.
An LEI is considered 'active' (or 'renewed') 12 months from issuance or 12 months from the most recent annual renewal. An active LEI is a regulatory requirement under the EU directives EMIR and MiFID II and is related to the legal transaction reporting undertaken by banks on behalf of their clients.