Forms download

Modele_Mandat_LEIFrance.doc (only available in french)

I. How to use this website

II. Useful questions about LEI at the french level

1 - How registered a LEI?

2 - How to request LEI for a fund?

3 - How to report financial relationships?

4 - What are the exceptions to report financial relationships?

5 - How to submit the documents supporting financial relationships?

6 - How long does it take to obtain a LEI?

7 - I have not received the confirmation code by post, how can I receive it by mail?

8 - How can I change the contact person to manage the LEI?

9 - Can I request an LEI for a foreign company?

10 - How much does the LEI certification cost?

11 - How can I know if the LEI has been attributed?

12 - Can I request for bulk certification for a list of companies or funds ?

13 - When must I renew my LEI?

III. General issues about LEI at international level

14 - What does the LEI aim for?

15 - What entities require a LEI?

16 - How is made the LEI?

17 - Why report financial relationships ? What are "Level 2" data?

18 - What is a direct parent?

19 - What is a direct parent?

20 - How to request LEI on behalf third parties?

21 - Which Pre-LOU are currently active? Which Pre-LOU are certified?

22 - What do the acronyms GLEIF, GLEIS, ROC, COU, LOU mean? How does the GLEIS work?

23 - Is the GLEIS totally operational?

24 - What is the difference between a LEI and a pre-LEI?

I. How to use this website

Step 1:

To obtain a LEI, you must first have a personal account on the LEI-France website. Go to our website https://lei-france.insee.fr/index and create a personal account via the section « Create my account ». After your registration, you will get your login and your password which will let you log into your personal account.

Step 2:

a) LEI request for a company

You can make your LEI request for a company through your personal account through the « My actions / LEI request for a company ». Following your request, a confirmation code is sent to you by postal mail, without a specific assignation , at the registered seat of the company (since it serves as a mandate that lets you make a request for a LEI on behalf of that company). Once you have this code, it will have to be entered in the section « My actions / LEI request for a company ». You will then have to wait until the next day to finalize your LEI request.

b) LEI request for a fund

To obtain a LEI for an investment fund or a Sicav, you have to log into the personal account of the user authorized by the management company to undertake these actions. You can then look for your fund in the « My actions / LEI request for a fund » section by entering its ISIN number or its AMF agreement code. You can as well enter the Siren number of the managing company to display all of the funds and Sicav for which you can request a LEI. You will then have to wait until the next day to finalize your LEI request.

Step 3:

The day following the request for a fund or following the input of the 8 digits code (in the case of a request for a company), you will have to go to the « My actions » section, unto the « Report a financial relationship » sub-section where you will then have to enter then validate the direct parent and the ultimate parent of your entity (fund or company). In the case you are unable to do so, you can also choose an exception among the grounds for derogation authorised by the GLEIF (more on this in the FAQ).
Detailed informations on the declaration process are available as well in the introductory text to this new section.

Step 4:

As soon as the direct parent and the ultimate parent of your entity (fund or company) are validated (or indicated as « exception »), you can request its LEI by selecting it in the « My actions / Certify/Renew my LEI » section, then by clicking the « Pay » button in order to proceed with the payment.
When you pay wih a debit card, a receipted invoice with your LEI number and its period of validity is sent to you by mail the next day.
When you pay by check/bank transfer, an invoice for payment is sent to you by mail the next day, then a receipted invoice with your LEI number is sent after we have received your payment (this can take several days).

Top of the page

II. Useful questions about LEI at the french level

1 - How registered a LEI?

To request for a LEI, you should go to our website https://lei-france.insee.fr/index and create a personal account. This personal account is nominative and you will have to be personally mandated by the entity for which you want to request/manage the LEI.

Once you have received your access informations (login and password), you can request for an LEI in "My actions/LEI request for a company" by entering its Siren. The following day, a letter will be sent to the headquarters of the company containing a confirmation code that will allow you to continue your LEI request (the correct code reception and its transmission to our contact means mandate allowing this contact to continue its LEI request).

Once the confirmation code has been entered in "My actions/LEI request for a company", you should wait the following day to continue your LEI request. You must first go to "My actions / Report a financial relationship" and fill in the information required (see Question 12). Then, you can finalize your LEI request by going to "My Actions / Certify-Renew my LEI", checking the company and proceeding to payment.

Top of the page

2 - How to request LEI for a fund?
To request a LEI for a fund, you first have to request a LEI for its management company by going to "My actions/LEI request for a company" (payment and final LEI attribution is not required for the management company). Once the confirmation code has been entered for the management company, you should wait the following day to request a LEI for its funds via "My actions/LEI request for a fund". The fund must be declared at the french market authority to obtain an LEI.

Top of the page

3 - How to report financial relationships?

Reporting "level 2" data has become mandatory in May 2017. Each entity which request or renew an LEI must in advance report its financial relationships via the page "My actions/Report a financial relationship".

The entity must fill in their "direct accounting consolidating parent" as well as their "ultimate accounting consolidating parent".

Please be advised that the declaration of financial relationships is a one step process that you must complete to its end in order for the information that you enter to be taken into account and processed in our systems.

Top of the page

4 - What are the exceptions to report financial relationships?

If you cannot report a financial relationship (direct or ultimate), you can choose a reason by selecting "I can report no parent".

If there is no parent entity, you must chose among:
    - controlled by legal entities not subject to preparing consolidating financial statements
    - controlled by natural person(s)
    - no know person controlling the entity (multiple parents)

If some obstacles in the laws or regulations prevent you to provide or publish this information, you must chose among:
    - obstacles in the laws or regulations of a jurisdiction prevent providing or publishing this information
    - the consent of the parent has not been obtained
    - binding legal prevent providing or publishing this information

If the publication of this information is detrimental to the entity or its parent, you must choose among:
    - absence non confirmed of detriment in a way that can appropriately prevent liability risks for the child entity
    - the disclosure of this information would be detrimental to the legal entity or the relevant parent

For further information about the exceptions, you can visit GLEIF website at: https://www.gleif.org/en/about-lei/common-data-file-format/level-2-data-reporting-exceptions-format

Top of the page

5 - How to submit the documents supporting financial relationships?

By filling in an accounting consolidating parent for your LEI, you agree to submit supporting documents to Insee (defined during the reporting process). These documents are:
    - consolidated financial statements of the parent
    - regulatory filings (other document sent to an official authority. Then, you must specif the authority name and a publication URL of the document)
    - other types of accounting sources
    - contracts
    - other official documents

These documents should be sent in PDF format to dg75-lei-ne-pas-repondre@insee.fr.
Important notice : This address is intended only for sending documents. If you have any questions, please use the contact form.

By choosing an exception, you do not have to submit supporting documents.

Top of the page

6 - How long does it take to obtain a LEI?
The time to receive the confirmation code by post is variable (48h on average). If you want to receive this code directly by email, you should send us a mandate (see Question 7). Then, you will have to report financial relationships regarding the entity for which you request an LEI (see Question 3). The LEI attribution is then finalized as soon as the payment has been received. A delay from 24h to 48h exists between the reception of payment by the french treasury and its transmission to Insee. By using a bank card, you will receive an invoice mentioning your LEI on the evening.

Top of the page

7 - I have not received the confirmation code by post, how can I receive it by mail?

The confirmation code allowing the LEI request can be sent by email. To this end, a mandate must be transmitted (an example is below) to authorise the requestor to obtain an LEI for the company. This mandate must be dated, sealed and signed by a manager. The details concerning the the mandatary must be similar to the details filled in your personal account. If your company does not have a seal, the signatory (mandant) must be mentioned on the company Kbis (a Kbis must be transmit). If you are mentioned on the Kbis, the mandate is not required but only the Kbis.

The mandate and/or the Kbis must be transmit to lei-france@insee.fr.

Modele_Mandat_LEIFrance.doc (only available in french)

Top of the page

8 - How can I change the contact person to manage the LEI?

The LEI management (renewal, follow-up) is reserved for the contact mandated by the company. If you need to change the contact person, you first have to create a personal account. Then you must transmit a mandate (an example is below) to authorise the requestor to obtain an LEI for the company. This mandate must be dated, sealed and signed by a manager. The details concerning the the mandatary must be similar to the details filled in your personal account.

If your company does not have a seal, the signatory (mandant) must be mentioned on the company Kbis (a Kbis must be transmit). If you are mentioned on the Kbis, the mandate is not required but only the Kbis.

The mandate and/or the Kbis must be transmit to lei-france@insee.fr.

Modele_Mandat_LEIFrance.doc (only available in french)

Top of the page

9 - Can I request an LEI for a foreign company?
INSEE only attributes LEI to entities under french law. Foreign companies can request an LEI from other LOU mentioned in the following document: http://www.leiroc.org/publications/gls/lou_20131003_2.pdf

Top of the page

10 - How much does the LEI certification cost?

Inscription costs EUR 70 and annual certification costs EUR 50. The cost has been set by decree of April 20, 2018 (published in the JORF on June 01, 2018).

As a consequence you will receive for the first year a EUR 120 bill for each certified LEI. The following years, you will have to renew the certification up to 6 weeks before the expiration date. A EUR 50 bill will then be sent to you for each renewed LEI.

Top of the page

11 - How can I know if the LEI has been attributed?

The publication of the LEI on our website award it its validity, the LEI is permanent and can be used for european and american reportings.

Data related to attributed LEI are public and free via the page Download and Search from our website.

A file containing all LEI managed by Insee (FULL) is daily available for downloading for 30 days. Its format is XML, the schema of which is published on our website. The SIREN or the AMF approval code appear on this file.

Top of the page

12 - Can I request for bulk certification for a list of companies or funds ?
Concerning bulk certification, please write to the following address: lei-france@insee.fr.

Top of the page

13 - When must I renew my LEI?
The renewal is available via the page "Certify/Renew my LEI" from 6 weeks before the next renewal date (expiration date). Then, without renewal request, your LEI will be lapsed so you can not use it for regulatory reporting. After successful validation of your renewal request, the record will have its status set to "ISSUED" and the next renewal date will be extended for one calendar year from the previous renewal date. The reporting of financial relationships is mandatory before requesting the renewal (see Question 3).

Top of the page

III. General issues about LEI at international level

14 - What does the LEI aim for?
The G20 endorsed at the Los Cabos Summit in June 2012 a Global Legal Entity Identifier System (GLEIS) which uniquely identifies parties to financial transactions. The GLEIS aims for facilitating risk management and risk control by both the private sector and public authorities. The European Market Infrastructure Regulation (EMIR) has imposed its use for some derivative instruments since Febuary 2014.

Top of the page

15 - What entities require a LEI?

The requirements concerning entities are driven by national or supranational authorities. LEI are currently required in the United States as part of the Dodd-Frank act and in Europe as part of the European Market Infrastructure Regulation (EMIR), the MIFID II or the AIFM directive.

For more details about the EMIR, you can refer to the AMF website:http://www.amf-france.org/en_US/Acteurs-et-produits/Produits-derives/Presentation.html

For more details about MIF II, you can refer to the AMF website :http://www.amf-france.org/en_US/Acteurs-et-produits/Marches-financiers-et-infrastructures/Presentation.html

Top of the page

16 - How is made the LEI?

The Legal Entity Identifier, uniquely identifying parties to financial transactions, is based on ISO 17442:2012, "Financial Services-- LEI plan" (http://www.iso.org/iso/fr/catalogue_detail?csnumber=59771).

Each LEI correspond to a legal entity, which is a legal person or an organisation defined by a territory legislation (except natural persons). The GLEIS aims for uniquely identifying legal entities on a global scale.

After the adoption of ISO 17442:2012, the FSB has confirmed the structure composed of 20 characters for the worlwide LEI code:
    - Characters 1 until 4 : a prefix of four characters uniquely attributed to each LOU ;
    - Characters 5 and 6 : 2 reserved Characters ;
    - Characters 7 until 18 : non significant alphabetical part ;
    - Characters 19 and 20 : 2 verification figures such as defined in ISO 17442:2012.

The INSEE uses the prefix '9695 '.

Top of the page

17 - Why report financial relationships ? What are "Level 2" data?

GLEIF has set up in 2017 a process to enhance the Legal Entity Identifier (LEI) data pool, by including "Level 2" data to answer the question of "who owns whom". Specifically, legal entities that renew or acquire an LEI must now report their "direct accounting consolidating parent" as well as their "ultimate accounting consolidating parent" via the page "My actions / Report a relationship".

For further information about the collection and use of "level 2" data, you can visit GLEIF website at : https://www.gleif.org/en/lei-data/access-and-use-lei-data/level-2-data-who-owns-whom

Top of the page

18 - What is a direct parent?

The direct parent of an entity is a company consolidating more than half of the child entity accounts. A company cannot be its direct own direct parent.

If a company has no direct parent then see Question 4.

Top of the page

19 - What is a direct parent?

The direct parent of an entity is a company consolidating more than half of the child entity accounts. A company cannot be its direct own direct parent.

If a company has no direct parent then see Question 4.

Top of the page

20 - How to request LEI on behalf third parties?

LEI-France website allows to centralise LEI requests and renewals for your partner and client companies.

You must first create a personal account via the page "Create my account" and request LEI via the page "My actions / LEI request for a company".

Then a mandate must be transmitted (an example is below) to authorise you to obtain an LEI for the company. This mandate must be dated, sealed and signed by a manager. The details concerning the the mandatary must be similar to the details filled in your personal account. If your company does not have a seal, the signatory (mandant) must be mentioned on the company Kbis (a Kbis must be transmitted). If you are mentioned on the Kbis, the mandate is not required but only the Kbis.

On receipt, the confirmation code will be sent by mail to allow you to finalise the LEI request on our website.

The estimate/invoice will be modifiable.

Modele_Mandat_LEIFrance.doc (only available in french)

NB: This function on LEI-France website is close to the registration agent concept defined by GLEIF to streamline LEI issuance. The registration agent assists companies to access LOU network. For further information you can visit GLEIF website:

https://www.gleif.org/en/about-lei/how-to-get-an-lei-find-lei-issuing-organizations/registration-agents

Top of the page

21 - Which Pre-LOU are currently active? Which Pre-LOU are certified?
Active Pre-LOU and certified Pre-LOU are available on the ROC website: http://www.leiroc.org/list/leiroc_gls/tid_162/index.htm

Top of the page

22 - What do the acronyms GLEIF, GLEIS, ROC, COU, LOU mean? How does the GLEIS work?

The GLEIS (Global LEI System) is the worldwide system for uniquely identifying parties to financial transactions, set up by the Financial Stability Board (FSB) at the request of the G20.

The GLEIS is overseen by the ROC (Regulatory Oversight Committee) which is composed of almost fifty authority members from all countries, precisely a wide range of central banks representatives, some prudential regulateurs as well as finance ministries approving the ROC charter (http://www.leiroc.org/publications/gls/roc_20121105.pdf).

The GLEIS is composed of a central unit (Central Operating Unit, COU), linked with a nonprofit foundation under Swiss law (Global LEI Foundation, GLEIF) and local units(Local Operating Unit, LOU) sponsored by the local financial authorities.

The COU will coordinate and oversee LOUs actions which receive LEI requests from legal entities, attribute LEI to the applicant and freely release the information (défined in ISO 17442:2012) regarding applicant entities.

For more details, please refer to the ROC website with the following link: http://www.leiroc.org/

Top of the page

23 - Is the GLEIS totally operational?

The GLEIS is not totally operational yet.

The Regulatory Oversight Committee (ROC) was instituted in January 2013.

The GLEIF, nonprofit foundation under Swiss law was instituted the 26th of June 2014. Its function is to establish the COU, central operational unit, as well as the frame for LOU governance, local operational units,ainsi que le cadre de la gouvernance des LOU, unités opérationnelles locales, by the COU.

The ROC has named Pre-LOU (The list is on the following link:(http://www.leiroc.org/list/leiroc_gls/tid_162/index.htm), some of which have been approved as respecting the principles established by the ROC.

After the GLEIF establishment, the pré-LEI produced by certified pre-LOU become de facto LEI.

A process set up by the GLEIF will allow certified Pre-Lou to become LOU in its own right.

Top of the page

24 - What is the difference between a LEI and a pre-LEI?
After the GLEIF establishment, the pre-LEI produced by certified pre-LOU become de facto LEI.

Top of the page