You do not need to wait if you need to request new LEIs. (However, if your entity already has been assigned an LEI, you should not request a new one.)
Please create a user account here:
https://lei.bloomberg.com/users/signup
After this you can request new LEIs through our website.

To learn more about our fees, please visit:
https://lei.bloomberg.com/docs/faq#what-fees-are-involved

To access our website user guide, visit the documents table found here:
https://lei.bloomberg.com/docs/faq#documentsTable

In this case, you would need to submit a Transfer request on our website. To transfer an LEI to Bloomberg, you must first establish a Bloomberg LEI user account here:
https://lei.bloomberg.com/users/signup

- For single or small volume LEI transfers, once logged in, click on the 'Transfer' button near the top of the screen. Then click on the blue 'Web Form' button. Next, search for the LEI that you wish to transfer and once found in the table click on the LEI number. You will then be taken to the web form application where you can verify your data and supply any requested information. Lastly, depending on the current status of your LEI you may need to provide a payment. Transfers are free; however, you may be asked to renew your LEI at the time of transfer which would be a fee of $40. Transfers generally take 3-5 business days to complete.

- If you have a large volume of LEIs, there is also a bulk Excel file request option. To learn more about the bulk transfer Excel process visit the Transfer section of our User Guide found here:
https://lei.bloomberg.com/docs/faq#documentsTable

To learn more about our fees, go here:
https://lei.bloomberg.com/docs/faq#what-fees-are-involved

The LEI is a unique 20-character alphanumeric code based on the ISO 17442 standard that is assigned to legal entities that are counterparties to financial transactions or somehow are involved in the markets. Having an LEI does not necessarily mean that a company may legally operate in these financial markets. A single legal entity should only be assigned one LEI globally.

Bloomberg LEI is one of the Local Operating Units (LOUs) responsible for the issuance and administration of LEIs. Bloomberg Finance LP has been accredited by the Global LEI Foundation.

Please visit https://www.gleif.org/en for more information on the GLEIF.

The structure of the Legal Entity Identifier (LEI) is defined in ISO 17442:2012. An LEI consists of 20 characters:

The first four digits identify the Local Operating Unit (LOU) that issued the LEI.

The fifth and sixth characters are reserved and shall always be set to 0.

The next 12 characters consist of both digits and letters. The combination is unique to the legal entity.

The last two digits are check digits.

To learn more about this topic please visit the Global LEI Foundation website here: https://www.gleif.org/en/lei-data/access-and-use-lei-data/policy-conformity-flag.

General – This should be used for legal entities that are not investment funds, individuals acting in a business capacity, international branches, government entities or international organizations.

Branch – In the event legal entity is operating as an international branch of another legal entity and is registered in a publicly accessible local business registry, local regulatory registry or tax registry. (When applying for a branch LEI, the main office entity must already have its own LEI.)

Fund – For legal entities that are standard investment funds. This does not include pension funds or trusts. (See further below on this page for more information on fund entities.)

Sole Proprietor – The entity is a type of enterprise that is owned and operated by one person or family business (married couple, mothers, fathers, siblings, etc.) and in which there is no legal distinction between the owner’s assets and liabilities and the business entity.

International Organization - The legal entity is a non-resident unit, created by international agreement or other arrangements for the provision of non-market services or financial intermediation at the international level.

Resident Government Entity - The legal entity is a non-market producer, part of a central, state or local government, social security funds or a non-profit institution (NPI) controlled by government units. Please note that a state owned, but independent general legal entity or fund not part of or controlled by the government SHALL NOT be categorized as RESIDENT_GOVERNMENT_ENTITY but rather as GENERAL or FUND, respectively. If Legal Entity is a Resident_Government_Entity then a sub-category would be expected. The sub-categories are as follows:

• Central Government
• State Government
• Local Government
• Social Security

The date when the legal entity has been created, formed or incorporated. It shall be provided for all LEI records not yet reached an end stage of their lifecycle. This date should be sourced from where the legal entity is incorporated.

The Entity Category that should be provided in the event you are obtaining or renewing an LEI for a standard investment fund is ‘FUND’. However, if you are obtaining an LEI for a non-standard investment fund such as a pension fund or trust, please choose an entity category of ‘GENERAL’.

Managed Fund – This is a standard investment fund that does not uniquely place into the other specific categories of being of a feeder fund or sub-fund/compartment.

Managed Sub-Fund of an Umbrella Fund - This is used for sub-funds/compartments with unique investment objectives that are part of an investment structure underneath a centralized umbrella entity.

Managed Feeder Fund of a Master Fund - This is specifically used for funds which feed their investments through a centralized master fund entity.

Fund Management Entity (required) - A Legal Entity that is considered as the main management entity of a fund when it is legally responsible for the constitution and operation of the fund. Such responsibility will include the day-to-day management of a fund's investments and management of a fund’s risks, or the appointment of others for that purpose. In the latter case, the entity to which these functions may have been delegated is not considered to be a Fund Management Entity. The Fund Management Entity can be the fund itself, if the fund is self-managed.

Umbrella Structures (if applicable) - An Umbrella Structure is a Legal Entity with one or more than one subfunds/compartments where each sub-fund/compartment has its own investment objectives, separate investment policies and strategies, segregation of assets, separate investors and which has segregated liability between sub-funds/compartments. U.S. Series Funds and Japanese “noninvestment management funds” are to be identified as Umbrella Structures in the Global LEI System.

Master-Feeder (if applicable) - A relationship, where a Feeder Fund is exclusively, or almost exclusively, invested in a single other fund (e.g., U.S, EU UCITS), or several funds that have identical investment strategies (for the latter, provided this situation is qualified as a Master-Feeder Relationship under the applicable laws and regulations, e.g., some alternative investment funds in the EU) referred to as a Master Fund (or Master Funds). It is clarified that this covers only cases where this relationship is organized in the legal documentation of the feeder fund and does not cover relationships where a fund’s assets are invested in multiple other funds (fund of fund structure)

*A start date of the Relationship Period is required for all Fund Relationships. This is the date that the fund entity began its relationship with its managing entity.*

Yes. Before an LEI can be issued for a fund, its Fund Management Entity (or Umbrella/Feeder Fund) must have already obtained an LEI. The only exception to this requirement is when the applying fund is its own management entity.

Yes, in addition to fund relationships, users are also required to provide values for both the Direct Parent and Ultimate Parent of a fund entity. Generally, the common scenario will be that no true Direct/Ultimate Parent exists for funds and therefore the exception reason of NON_CONSOLIDATING will usually apply.

Change in Legal Name – Should be reported when a legal entity officially changes its legal name.

Change in trade or doing business name – Should be reported when a legal entity has a previous name or there is a change in their trade name.

Change in legal address - Should be reported when a legal entity’s legal or registered address has changed.

Change in headquarters address – Should be reported when the physical address of a legal entity has changed.

Change in legal form – Should be reported when the official legal form of a legal entity has changed.

Demergers and Spinoffs (for the entity that has been demerged or spun off) – This happens as a result of a part or division of Legal Entity A (a general Legal Entity or Government Entity) is separated into a new separate entity.

Absorption - A form of merger where there is a combination of two or more companies into an 'existing company'. In the case of absorption, only one company survives, and the rest involved legal entities are updated to inactive.

Voluntary Arrangement - A company Voluntary Arrangement (CVA) allows a Legal Entity A (general Legal Entity or Government Entity) to negotiate with its creditors the settlement of any debts by paying only a portion of the amounts owed or by some other arrangement to pay the debt.

Acquisition of an international branch (for the branch entity) – This occurs when one HQ office of a legal entity acquires the international branch of another legal entity. A common example of Acquisition of an International Branch is processed and its outcome: International Branch A of (head office) Legal Entity B, is acquired by Legal Entity C and henceforth operates as Branch for (head office) Legal Entity C. The assets and liabilities related to the Branch are fully or partially transferred from Legal Entity B to Legal Entity C. Legal Entity B will have International Branch A deleted from the official registry (RA source). Legal Entity C will register a new International Branch D in the official registry. This Legal Entity Event can only be recorded if Legal Entity D fulfills all the requirements for International Branches within the Global LEI System.

Transformation of an international branch into a Subsidiary (for the entity that has been transformed into a Subsidiary) - When an international branch converts from a branch office of a legal entity into a subsidiary of a legal entity.

Transformation of a Subsidiary to an international branch (for the entity that has been transformed into an international branch) – When the subsidiary of a legal entity converts into a branch office of the legal entity.

Umbrella fund changes its structure to a stand-alone fund (for the new stand-alone fund) – Change in legal form from a Fund Legal Entity structure with one or more than one sub-funds/compartments to a Fund Legal Entity structure without sub-funds/compartments.

Breakups (for any part of the original Legal Entity that remains in operation and for any new Legal Entities that are formed as part of the terms of the breakup) – A break-up is a corporate action in which a single company splits into two or more independent, separately run companies.

Bankruptcy – Legal status of a Legal Entity unable to pay creditors. Bankruptcy usually involves a formal court ruling. Securities may become valueless.

Liquidation – Distribution of cash, assets or both of a Legal Entity. Debt may be paid in order of priority based on preferred claims to assets specified by the security.

Insolvency – The entry of a decree or order by a court or agency or supervisory authority having jurisdiction in the premises the appointment of a trustee-in-bankruptcy or similar official for such party in any insolvency, readjustment of debt, marshalling of assets and liabilities, or similar proceedings, or for the winding up or liquidation of their respective affairs.

Reverse Takeover – A reverse takeover is the acquisition of a larger, publicly traded company by a smaller private company. It involves complex series of events including acquisition, absorption and name change.

Mergers and Acquisitions – The consolidation of Legal Entities or assets through various types of financial transactions, including mergers, acquisitions, consolidations, tender offers, purchase of assets and management acquisitions.

Spinoff – A special case of demerger where the shareholders of the original entity are compensated for the value loss of the original entity via shares of the new entity or via dividend.

Demerger – Distribution of securities issued by another Legal Entity. The distributed securities may either be of a newly created or of an existing Legal Entity. For example, spin-off, demerger, unbundling, divestment.

An LEI can be requested for all parties in a financial transaction including but not limited to:

• Registered Companies including Registered Subsidiaries
• Funds/Trusts
• Non Profit/Charity Organizations
• Government Bodies and Organizations
• Sole Proprietors (Individuals that appear in their local register)
• Branch offices (Main HQ entity must already have an LEI)

An LEI should NOT be requested for individuals or operating divisions. These entities should utilize the LEI of their parent organization.

In order to uniquely identify an entity, several fields are required during registration. The fields include legal name, registered address, headquarters address, registration authority/number, entity type and legal form, in addition to other identifying data. Further, applicants will be asked to provide parent relationship information, such as parent LEI and other parent reference data, as well as relationship periods and accounting standards. Lastly, for branch entities applicants will be asked to provide information about their branch parent.

A legal address should be the location of where the entity is legally incorporated, while a headquarters address should be the location of where the entity's headquarters office is physically located.

The LEI registration can be processed by any person who has been authorized by the firm for which the LEI is being registered, whether a direct employee, an employee of a controlling interest, or a third party who has been given explicit permission to register on the firm's behalf.

Since March 1, 2018, the Global LEI Foundation has initiated a new standard coding system for the Entity Legal Forms (ELF). The ELF code is an alphanumeric code of 4 characters from the Basic Latin character set, and associated to an entity's country of formation. The ELF code is therefore simply an identifier of the Legal Form of an entity. For example, for a United Kingdom entity, one option would be B6ES: Public Limited Company.

Enter your registration authority data (in your LEI application) and simply select the appropriate Entity Legal Form Code from the available list in the drop down menu. This list is automatically generated based on the selected Registration Authority. You have the option to select "8888: Other" if your specific ELF Code is not available. In such a case, please write your Entity Legal form in the "Other Legal Form" field.

The validity period of an LEI is 1 year from the issuance date or from the last renewal date going forward. If the LEI is not renewed within the 1 year time period, the registration status will default to Lapsed. This Lapsed status may affect your entity's ability to participate in regulatory reporting and financial transactions.

As of May 1st, 2017 the LEI ROC and GLEIF have mandated the collection of Level 2 relationship data. Level 2 data will identify the accounting consolidating ultimate parent, defined as the highest level legal entity preparing consolidated financial statements, as well as the direct accounting consolidating parent. In both cases, the identification of the parent would be based on the accounting definition of consolidation applying to this parent.

You will have two options in regards to the direct and ultimate parent data. You can choose to not disclose your parent information, in which case you will be required to provide an "Exception Reason" as to why you are not providing parent information. Exception reasons include:

If you choose to Disclose the parent of your entity, you will be required to select whether the parent has an LEI or does not have an LEI and also provide the appropriate reference data. This includes at least the Relationship Period and Accounting Period for the relationship.

Users may share an account with colleagues by adding multiple email addresses to the account. This feature can be found by clicking on "Account" -> "My Profile" -> "Emails". Username and password need to be shared among users.

An authorized party can request changes to a record through the update process at any time. Upkeep of the LEI record is required on an annual basis, and any record which has not been renewed will be marked as such in its registration status. The information will be reviewed for data accuracy and formatting, and to ensure that no duplicate records exist. A fee is required for the annual renewal of the LEI.

Once logged in, any user of the web portal can challenge an entity record managed by Bloomberg LEI. The user will be asked to give information such as the LEI and the reasons for which the challenge is being made, such as a duplicate record or a data accuracy issue. Information such as publicly available filings or registry links should be provided when available. The Bloomberg team will review the challenges and reply to the requester in regards to any action taken in reference to the challenge. There is no fee in this process.

Users may request that management of their existing LEI record(s) currently registered with another LOU be transferred to Bloomberg. This request can be submitted on the Transfer tab. While the identifier itself will not change, the ongoing maintenance and administration of the LEI will be transferred. There is no fee to transfer unless the current registration status of your LEI is Lapsed. In this case you will be charged a renewal fee at the time of transfer. As transfer requests involve the coordination of two different LOUs this process can take longer than the other action requests.

Auto Renew is a feature that allows LEIs to be renewed on a recurrent annual basis without users having to submit a renewal application. Before setting this up, users should ensure their payment details are up-to-date. To check and amend payment details users will need to log in and go to Account, My Profile, Payment tab.

To set up Auto Renew users can go to Account, My Requests, Auto Renew tab. Here they can select the LEI(s) and then set day, month and payment type. By clicking on "Add/Edit LEI(s)" they will save the setting. If the user wishes to set up Auto Renew for all of their LEIs simultaneously they should first select a date and payment method and then click on "Add/Edit All" to save. Users will receive a confirmation email of the successful setup of Auto-Renew.

The date chosen as "Auto Renew date" will determine when the automated renewal application will be submitted to our team for review. Please note: This may not be the actual day of the renewal completion, as it may take a few days to process the application. Therefore, we suggest selecting a date prior to the LEI expiration (Next Renewal Date).

Users will be notified via email of the submission and later on of the completion of their renewal application. The payment will be charged on the selected card once the renewal has been confirmed and an invoice will be sent within 24 hours of completion.

Auto Renew can be removed or amended any time on the same Auto Renew tab. Please be aware that cancelling the Auto Renew setup on or after the Auto Renew date will not cancel a renewal application that has already been generated.

1. Go to "Account"->"My Profile"->"Payment" and add your new card details. Click "Add Card" at the bottom of the page.
2. After adding the new card details, go to "Account">"My Requests-"->"Auto Renew" and select the LEI you wish to update the payment for.
3. Select the month/day and the payment type (Card) and then select the newly added credit card. Click on "Add/Edit".

Bloomberg LEI will provide full universe files (XML format) on a daily basis in the File Downloads section. The full file will contain the entire LEI database currently managed by Bloomberg. Separate files will be available for Level 1 and Level 2 data.

A user may provide any documents that they believe will assist Bloomberg LEI in verifying the validity of their request. This includes but is not limited to incorporation or registration documents, company filings, or a consent form from a company you are making a request on behalf of. The consent form is available on this page under the reference document section and will also be available at the bottom of the request forms.

There is a Search section available on the site for users to lookup records by various criteria, such as legal name or LEI. The search section is broken into two different tabs where you can search for LEIs managed by Bloomberg and additional LEIs managed by other LOUs. This can be useful to ensure if an entity exists before registering in order to minimize duplicate records.

There is a Downloads section available on the site for users to download full XML files containing all LEI records managed by Bloomberg.

The cost of a renewal request is based on the number of additional months that will be added to the record's current Next Renewal Date. This method allows users to renew an LEI early at a prorated price level. The cost schedule can be seen below:

All payment transactions on the Bloomberg LEI website are processed by Stripe, a PCI compliant company. All information is securely stored by Stripe.

For Bulk LEI orders, Bloomberg offers the ability to bill the user and be paid via wire, ACH(US), or check. Once the option is selected, Bloomberg will review the request and send out an invoice with payment instructions specific to the domicile country. After the payment clears, the user will be notified of the completion of the request along with the relevant LEI data. This means that no LEIs will be issued or renewed until payment is received.

The tax charged (if applicable) is determined based on the domicile country provided by the user on the payment details form. Bloomberg assumes the domicile country is the country most closely connected to the user and therefore considered to be the place of supply for tax purposes. The tax amount shown above is provisional and the tax amount charged/billed will be subject to Bloomberg's validation of the Domestic Tax Number (VAT/GST), where provided.

Bloomberg will add 12 months to your LEI's Next Renewal date provided that we've received and completed your request 29 days before its current expiring/lapsing date.

Example:
The LEI's next renewal date is March 29 2019.
The request to renew the LEI is sent between March 1 to 29 2019.
Bloomberg completes the request on March 20 2019.
The new expiring date will be March 29 2020.

Bloomberg will add 11 months to your LEI's Next Renewal date and only charge you a pro-rated fee for the 11 months added to your LEI's expiring/lapsing date. The relevant prorated fee will therefore apply. (For more information about the fees, payments and taxes, see the FAQ section.)

Example:
The LEI's next renewal date is March 28 2019.
The request to renew the LEI is sent on February 27 2019.
Bloomberg completes the request on February 28 2019.
The new expiring date will be February 28 2020.

For already lapsed LEIs, Bloomberg will carry out a full renewal. This means, the LEI will be renewed and the next renewal date will be set to 12 months from the date the request is completed.

Example:
The LEI lapsed on July 15 2017.
The request to renew the LEI is sent on April 23 2019.
Bloomberg completes the request on April 24 2019.
The new expiring date will be April 24 2020

Shopping Cart is a feature that allows users to aggregate LEI submissions and make one payment collectively. The feature is available for Create, Renew and Transfer Renew submissions. Shopping Cart might be preferred when users have multiple submissions to make while wishing to fill out the forms using the Web Form instead of the Excel Template option. Users can still benefit from the bulk discount via Shopping Cart if they have more than 10 submissions in the Cart.

To add submission items to their Cart, users can find the “Add To Cart” button at the bottom of each Web Form. The “Checkout” button next to it will allow users to go straight to the payment page for the specific submission without adding it in the Cart. Submission items can be viewed, edited or removed from the Cart using the icons available next to each item. Users can review the base price from the Cart, and the tax will be calculated when they click “Checkout” and provide domicile information on the payment form.

We recommend using Chrome when visiting the Bloomberg LEI website. This site is also fully compatible with Firefox, Safari, and has limited support for Internet Explorer (version 11).

The Bloomberg LEI website provides a health check page which lets you easily test whether your technology set-up is able to perform basic functionality such as logging in and reaching out to our payment processor. Features like these can be blocked or fail based on using an out of date web browser or if your network/firewall places restrictions, or various other reasons. You can quickly test these functionalities by going to our health check page.

An LEI request would be Rejected for several reasons including: missing or incorrect data, duplicate submission, or lack of supporting documentation.

Technical issues may prevent you from moving forward. To resolve common issues follow the below steps. Please verify whether you are able to proceed after each.

General Issues

1. Confirm that you are using a compatible browser .
2. Delete your browser cookies, storage, and refresh your page.
3. Try to log in again to re-establish your session.
4. Switch to a different, fully compatible browser .

Missing Emails

1. Check your spam folder.
2. Verify your compatibility.

Please contact LEI Support to get additional assistance.