How to renew an LEI number
The reference data of an LEI number must be revalidated at least once a year. Renewal confirms the company’s register details and, where applicable, its relationships with parent companies. The next renewal date is shown in the GLEIF database. If the data is not revalidated by that date, the LEI status changes to LAPSED, but the LEI number itself stays the same.
What is checked during renewal?
Renewal confirms that the LEI record is still accurate. The details are compared with GLEIF data, publicly available registers such as the company master data of the Ministry of Corporate Affairs (MCA), and other reliable sources.
The check covers the organisation’s official name, registration number and registered address. Where applicable, the details of the direct and ultimate consolidating parent company are checked too. Confirmed changes are submitted to the GLEIF database.
The 20-character LEI number does not change during renewal.
Renewal steps
If your LEI number is managed by LEI Universal, renewal takes three steps:
- Choose a renewal package and enter the LEI number in the renewal form.
- Check the details and correct anything that has changed.
- Submit the application, sign any requested authorisation and pay for the order.
We may ask for a supporting document or a letter of authorisation if the register data is not sufficient or if the company’s structure requires additional verification.
If another service provider manages the LEI number, you can renew it with that provider or transfer it to LEI Universal. A transfer changes neither the number itself nor the company’s identity in the GLEIF database.
The transfer itself is free. Read more about transferring an LEI number.
How does multi-year renewal work?
A multi-year package does not validate the LEI data for several years at once. The data is still checked every year.
With a multi-year package, LEI Universal carries out each annual renewal throughout the chosen period. If anything has changed or some details cannot be confirmed in a register, we will contact you for the information needed.
See the current multi-year prices on our pricing page.
What happens after the renewal date?
If the LEI data is not revalidated on time, the record’s status in the GLEIF database changes to LAPSED. The record is not deleted, and the LEI number remains assigned to the same legal entity.
A lapsed LEI number can be renewed at any time. The company’s details are then checked again, and after renewal the record becomes active once more. Whether a lapsed LEI number can be used for a specific transaction depends on the applicable reporting rules and the company’s role, so ask your bank, stockbroker or reporting entity to confirm what that transaction requires.
Frequently asked questions
Does the LEI number change when it is renewed?
No. The number stays the same. Renewal updates the reference data, the registration status and the next renewal date.
When do I need to renew my LEI number?
An LEI number must be renewed every year. You can renew it as early as 60 days before the renewal date without losing any remaining validity. We send our customers a reminder 60 days before expiry.
How much does LEI renewal cost?
LEI renewal costs from ₹4,200 per year. Prices include the GLEIF fees. See all packages on our pricing page.
What if the company no longer needs its LEI number?
If the number is not renewed, its status changes to LAPSED. The number remains in the GLEIF database and can be renewed later if it is needed again.
