News
Central Securities Depositories require Issuers to have an LEI
23.02.2018The EU Central Securities Depositories Regulation (CSDR) requires central securities depositories to have a Legal Entity Identifier (LEI) for each issuer of a security. As of 2 April 2018, international central securities depositories, such as Euroclear Bank and Clearstream Banking, will compulsorily require every issuer […]
ESMA Grants a Transitional Period
21.12.2017According to MiFID II (Markets in Financial Instruments Directive) and MiFIR (Markets in Financial Instruments Regulation) all counter parties of securities transactions in the EU must have an LEI, as of 3 January 2018. This applies to legal entities and entities qualifying for an LEI, […]
LEI Application at the Turn of the Year 2017/18
12.12.2017Please note that due to an extensive 2017 year-end processing at WM Datenservice and under consideration of our due diligence obligations in regard to the LEI applications and renewals we have already received, we would like to inform you that all LEI requests for applications […]
WM reduces fees for LEI services
14.09.2017WM Datenservice reduces its fee for the initial allocation of an Legal Entity Identifier (LEI) to €80 (net). At the same time, the fee for the annual renewal of an LEI will be reduced to €70 (net) per year. These price cuts are applying for […]
Brønnøysund Register Centre Transfers its LEI Records to WM Datenservice
16.05.2017Today, the Brønnøysund Register Centre (http://www.glei.no) has transferred all of its LEI records to WM Datenservice. As agency for the allocation of Legal Entity Identifiers, WM Datenservice will now be the Managing Allocation Agency for these Norwegian LEIs. WM Datenservice has over four years of […]
WM is fully accredited as a Local Operating Unit authorized to issue Legal Entity Identifiers by the GLEIF
26.04.2017We are pleased to announce that on 13 April 2017 the Global Legal Entity Identifier Foundation (GLEIF) acknowledged that WM Datenservice is fully accredited as a Local Operating Unit authorized to issue Legal Entity Identifiers (LEIs). WM Datenservice assigns the 20-digit alphanumeric LEI for the […]
WM reduces prices for LEI allocation as of 24 April 2017
19.04.2017As of 24 April 2017, WM Datenservice will reduce its fee for the initial allocation of a Legal Entity Identifier (LEI) by €45. The initial verification of an LEI will then cost only €100 (net). At the same time, the net fee for the annual […]
LEI, company data and information on the group structure (Level-2-Data)
18.04.2017So far the reference data on an Legal Entity Identifier (LEI) contain information on the official name and the registered domicile of the legal entity, so-called ”Level-1-Data” data. As of 1 May 2017, information on the direct and ultimate parent of a legal entity will […]
LEI allocation fee will be reduced by €12
14.09.2016As of 1 October 2016, WM Datenservice will reduce its fee for the initial allocation of a Legal Entity Identifier (LEI) by €12. The initial verification of an LEI will then cost only €145 (net). The net fee for the annual renewal of an LEI […]
LEI for individuals
02.11.2015For individuals acting in a business capacity, the application for an LEI is from now on possible with WM Datenservice. Please note that an already existing entry in the respectively responsible commercial register is required for a successful LEI application and allocation. For additional information, […]
Automated LEI Validity Checks
24.07.2015At the end of October 2015, stricter ESMA requirements for derivate reporting will come into effect. These requirements include the verification of an LEI’s validity. Starting from the end of October, trade repositories will have to verify that the contents and format of EMIR transaction […]
LEI Application Fee Adjustment on April 1, 2015, Due to Exchange Rate Fluctuations
30.04.2015The fee for an LEI application or renewal includes a contribution fee in the amount of $ 20 paid to the Global LEI Foundation (GLEIF). The Foundation coordinates and monitors the Global LEI System (GLEIS). Since the contribution fee is set in US dollars and […]
Legal Entity Identifier (LEI) Requirement Extended to Additional Companies
23.01.2015In accordance with the ECB Decision (Art. 6 (2) – ECB/2014/29) on the provision to the European Central Bank of supervisory data reported to the national competent authorities by the supervised entities, the national competent authorities of the countries participating in the Single Supervisory Mechanism […]
Global LEI Data available as Download via Internet and FTP Account – Geiportal.org introduces LEI Verification Interface
02.12.2014Since December 1, 2014, Geiportal.org has been providing the LEI data of the currently 20 worldwide existing LEI allocation units (LOUs) in form of daily updated downloads via the internet or via FTP account. Alternatively, the data can also be retrieved in XML format via […]
EIOPA issues Guidelines on the use of the Legal Entity Identifier
21.10.2014The European Insurance and Occupational Pensions Authority (EIOPA) issued today its Guidelines on the use of the Legal Entity Identifier (LEI) in all the official languages of the EU. According to them, national competent authorities (NCAs) should ensure that all institutions under their supervisory remit […]
Hessen Wants to Lure GLEIF to Frankfurt
29.09.2014During his welcome address at a conference on the Legal Entity Identifier (LEI), the Hessian Minister of Economics Tarek Al-Wazir promoted Frankfurt as potential location for an office of the Swiss Global LEI Foundation (GLEIF). His audience consisted of around 120 financial industry agents, bank […]
Communal Associations Require a LEI
05.09.2014Although the negotiations between communal associations and the German Financial Supervisory Authority (BaFin) have resulted in an EMIR exemption of such associations and their legally dependent municipal enterprises, they require a Legal Entity Identifier (LEI) if they want to make any OTC transactions.. For their […]
Geiportal.org Adopts LEI Common File Format
19.08.2014To enhance data quality, but also to be able to use LEI data in a more effective manner, all Local Operating Units (LOUs) worldwide have been required to publish their data in a standard file format, the LEI Common File Format (CFF). Geiportal.org has implemented […]
Certified Data Security
06.08.2014GEI portal has been awarded certificate for tested data security and effective data protection by TÜV Rheinland As part of an independent and voluntary certification, TÜV Rheinland examined in detail the GEI portal’s data protection as specified by applicable data protection laws, the effective protection […]
50,000 LEIs: Geiportal.org Increases Its Lead in Europe
18.07.2014Europe’s leading agency for the allocation of LEIs (Legal Entity Identifier) has assigned 50,000 LEIs – and with that has reached a new milestone. Florian Sicherl, Head of Product Development, states: “We are very happy with the demand for the first 6 months on 2014. […]
A New Pricing Structure for LEI Services
01.07.2014To maintain the high level of data quality mandated by the global LEI system, it is necessary to review the information saved for each GEI once a year. The information has to be accurate and up-to-date to meet the global LEI standards. In accordance with […]
LEI System Is Taking Shape: GLEIF Established
30.06.2014With the establishment of the Global LEI Foundation (GLEIF) – the central institution of the Global LEI System (GLEIS) – another crucial step in the development of the system has been taken. The goal is to clearly identify entities within the global financial system and […]
Name Change: Geiportal.org Now Assigns LEI Instead of Pre-LEI
26.06.2014With the establishment of the Global Legal Entity Identifier Foundation (GLEIF) in Basel starts a new chapter for the global LEI system, which has been in development for the past two years. Effective immediately, all Pre-LEIs that have been assigned via geiportal.org will now be […]
LEI Common File Format Introduced – Implementation by August 19
19.06.2014In accordance with the principles of the Global LEI System (GLEIS), the parties involved in a financial transaction should be clearly and unequivocally identifiable. The requirements stipulated by ISO standard 17442 alone are not sufficient in this context. To raise the level of data quality […]
GEI-Portal publishes Consolidated Data Feed (CDF)
05.12.2013Pre-LEIs are not only assigned on part of the GEI portal, but also by other authorized agencies. Details on all of these Pre-LEIs are available via the link “Download Consolidated XML”, which can be located in the GEI Search section of this page with help […]
ESMA has approved the first four trade repositories (TRs) under EMIR
08.11.2013The European Securities and Markets Authority (ESMA) has approved today the registrations of the first four trade repositories (TRs) under the European Market Infrastructure Regulation (EMIR).The registration of these TRs means that they can be used by the counterparties to a derivative transaction to fulfil […]
ESMA updated Questions & Answers on EMIR implementation
24.10.2013ESMA has published information on the use of pre-LEIs allocated by authorised pre-LOUs for the identification of counterparties within the scope of EMIR (see p.45 of the document) along with other information on the use of identifiers. Link to the complete document: http://www.esma.europa.eu/system/files/2013-1527_emir_questions_and_answers_2013_m10_d22.pdf
GEI-Portal is an endorsed Pre-LOU of the Interim Global Legal Entity Identifier System (GLEIS)
03.10.2013On October 3, the ROC published the endorsement of GEI-Portal. This means, that the codes WM Datenservice issue or has issued may be used for reporting and other regulatory purposes in the various jurisdictions represented in the ROC. For more details visit www.leiroc.org.
GEI-Portal publishes new ISO-XML-Datafeed
21.09.2013This format contains all datafields according to ISO 17442 standard and is provided since September 21, 2013.