News archive

back to ‘Guide & News’

LEI obligation for certain credit institutions and financial holding companies

21.01.2015: CRR credit institutions, financial holding companies and mixed financial holding companies (provided that they meet the requirements of Art. 2 No. 21 letter b of Regulation (EU) No. 468/2014) must, in accordance with a decision of the European Central Bank, have an LEI and report this to the Bundesbank. This is stated in a current circular of the German Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin).

Further information can be found on the BaFin website under Circular 1/2015 (BA) - Acquisition of a Legal Entity Identifier (LEI) and notification to the Deutsche Bundesbank.