LEI24 launches online LEI services for French entities

LEI24 is making it easier for French organizations to request, renew, and transfer Legal Entity Identifiers online, with French-language support and clear pricing. The move targets companies and funds that need LEIs for certain regulatory and financial reporting obligations in France and across the EU.

Why it matters: - French entities can now centralize LEI administration in one online workflow. - The service reduces friction for organizations that need a LEI for regulated financial activity and reporting. - Clear pricing, French-language support and renewal reminders may simplify compliance planning.

What happened: - LEI24 now lets French entities apply for a new Legal Entity Identifier, renew an existing one or transfer LEI management to another issuer online. - In common cases, the online form can be completed in a few minutes. - Service options and prices are shown before checkout.

The details: - The LEI identifies legal entities for certain financial transactions and regulatory disclosures. - In France, LEIs are used for some reporting obligations under MiFIR and EMIR. - EMIR derivatives reports are submitted to trade repositories under the applicable European framework. - The need for a LEI depends on the activity and the applicable rules, not only on the legal form. - SAS, SARL, SA, funds and other entities may be covered depending on their situation. - Common application data includes the legal name, SIREN number and registered office address. - For Level 2 data, the direct and ultimate parent company details are entered when relevant, or a GLEIF-accepted exemption may be used instead. - After submission, an accredited LEI issuer verifies the information. - Additional documents may be required when official sources do not fully confirm the data. - LEI24 offers one-year, three-year and five-year service plans. - Under multi-year plans, the data is revalidated annually during the service term. - The service includes a digital LEI certificate, renewal reminders and support for updating reference data. - All application steps and service information are available in French.

Between the lines: - LEI24 is positioning the process as a digitally managed service rather than a one-off registration. - The company is also signaling that French entities can choose among accredited issuers, not just domestic providers. - Transfer handling is designed to keep the 20-character LEI unchanged while changing the registration manager.

What's next: - Existing LEI holders can transfer management to Nasdaq CSD SE through LEI24 without requesting a new code. - The transfer request is free. - Renewal fees apply only if a renewal is also needed. - French entities can compare issuers, pricing, service packages, support and follow-up features before choosing a provider. - LEI24 says Nasdaq CSD SE, not LEI24, handles reference-data validation and LEI issuance as the GLEIF-accredited issuer. - LEI24 says its platform is being advanced by founder and CEO Mats Forsenberg, whose background includes digital transformation, software development and business strategy.

The bottom line: - LEI24 is trying to make LEI compliance faster and easier for French organizations by combining online applications, transfers and renewals with French support and upfront pricing.

More information: Demander, renouveler ou transférer un LEI en France - Company social page