Transitional period for the LEI Application (Notification in Accordance to Article 26 MiFID II)
Note: Processing of the Power of attorney according to art. 26 only by application
through a bank consultant.
Companies / institutions please use the authentification-pdf in the registration.
01/03/2018: On the 3rd of January 2018, Security Service Providers are obliged,
for services that prompts a compulsary registration and to this effect, to check whether
the customer can present a valid LEI.
The European Supervisory Authority ESMA is setting this obligation for the time being and offers a transitional arrangement by 30 June 2018.
The prerequisite for this, is that the Security Service Providers (mostly banks
or savings banks) shall receive the necessary documents from their customers beforehand.
Along with the completed power of attorney in accordance to Article 26 (PDF 54 kB), the Security Service Provider may request the LEI at the accredited contracting authority.
The corresponding concept of the ESMA as of 20 December 2017, translated into German, can be found here: Statement ESMA vom 20.12.17 (PDF 94 kB)
The original concept in English as of December 20, 2017, can be found here.