LEI is obligatory under new EU legislation 

The purpose of the EU’s new MiFID II provisions is to increase the transparency of the investment market and offer investors better protection.

With the new EU provisions, all companies, foundations and funds must have an LEI in force by 3 January 2018. Otherwise they cannot trade in securities. In the case of derivatives contracts, a valid LEI has been required since 1 November 2017.

An LEI is also needed when Danske Bank makes investments on behalf of a company or institution.

LEI is an abbreviation for Legal Entity Identifier. It is a series of numbers that identifies company-form investors anywhere in the EU. 

Obtaining an LEI is easy:


Select the LEI issuer. See links below.


Enter your information on the LEI issuer’s website.


Pay the processing fee. The size of the fee is given on every issuer’s website.


LEI issuer processes the application.


Danske Bank will be automatically informed of the LEI and you do not have to send it to us.


The LEI must be renewed annually.



LEI issuers

See all LEI issuers here.


MiFID – Markets in Financial Instruments Directive

The purpose of the Directive is to strengthen investor protection and improve the functioning of the markets.
Find out more

Also read: The MiFID II Directive, which came into effect on 3 January 2018, will introduce more comprehensive information on investments.

Questions and answers about LEIs

We welcome you as a customer.

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