ISO 17442:2019

Financial services — Legal entity identifier (LEI)

Publication date:   Apr 12, 2019

95.99 Withdrawal of Standard   Aug 18, 2020

General information

95.99 Withdrawal of Standard   Aug 18, 2020

ISO

ISO/TC 68/SC 8 Reference data for financial services

International Standard

03.060   Finances. Banking. Monetary systems. Insurance

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Scope

This document specifies the minimum elements of an unambiguous legal entity identifier (LEI) scheme to identify the legal entities relevant to any financial transaction.
It is applicable to legal entities, which include, but are not limited to, unique parties that are legally or financially responsible for the performance of financial transactions or have the legal right in their jurisdiction to enter independently into legal contracts, regardless of whether they are incorporated or constituted in some other way (e.g. trust, partnership, contractual). It includes governmental organizations, supranationals and individuals when acting in a business capacity[1], but excludes natural persons.
The LEI is designed for automated processing. It can also be conveniently used in other media interchange when appropriate (e.g. paper document exchange).
NOTE Examples of eligible legal entities include, without limitation:
— all financial intermediaries;
— banks and finance companies;
— all entities that issue equity, debt or other securities for other capital structures;
— all entities listed on an exchange;
— all entities that trade stock or debt; investment vehicles, including mutual funds, pension funds and alternative investment vehicles constituted as corporate entities or collective investment agreements (including umbrella funds as well as funds under an umbrella structure, hedge funds, private equity funds);
— all entities under the purview of a financial regulator and their affiliates, subsidiaries and holding companies;
— sole traders (as an example of individuals acting in a business capacity);
— counterparties to financial transactions.

[1] As stated by the LEI Regulatory Oversight Committee on 30 September 2015.

Life cycle

PREVIOUSLY

WITHDRAWN
ISO 17442:2012

NOW

WITHDRAWN
ISO 17442:2019
95.99 Withdrawal of Standard
Aug 18, 2020

REVISED BY

PUBLISHED
ISO 17442-1:2020

PUBLISHED
ISO 17442-2:2020