Issue of LEI codes for Funds in Luxembourg
Table of Contents
- Funds in Luxembourg and the LEI Code
- Advantages of the LEI Code for Funds
- How to Request an LEI Code
In the global context of finance, adoption of LEI (Legal Entity Identifier) codes has become an essential method for unique, global identification of legal entities. Our LEI code issuing service also extends to funds in Luxembourg, which is a significant step in extending our offer to international clients.
Funds in Luxembourg and the need for an LEI Code
The LEI code is an alphanumeric code, consisting of 20 characters, which makes it possible to uniquely identify legal entities all over the world. The issue of LEI codes is compulsory for entities operating on the global financial market, allowing greater transparency and security to be guaranteed in international financial transactions.
Luxembourg is one of the most important financial centres in Europe, well-known for its favourable regulations and for the large number of investment funds based in the country. With the increase in international regulations, particularly those regarding European regulations MiFID II, EMIR and SFTR, adoption of an LEI code for funds in Luxembourg is often required.
Advantages of LEI codes for funds in Luxembourg
- Regulatory compliance: the LEI code can be requested to guarantee that the fund is in line with global fiscal regulations, including MiFID II, EMIR, SFTR and other specific regulations for the sector.
- Greater transparency: issue of an LEI code allows the financial authorities to monitor and verify transactions in a more efficient manner, increasing transparency and reducing the risk of fraud.
- Facilitating international transactions: a valid LEI code is a requirement for many international transactions, including derivatives, loan contracts and other trading operations.
- Fast, simple process: our on-line platform allows an LEI code to be requested and obtained in just a few steps.
How to request an LEI code for a fund in Luxembourg
InfoCamere has been offering LEI code issuing services in Italy and in several European countries for some time now. Thanks to our consolidated experience in the sector, we can guarantee a fast, simple procedure to obtain an LEI code.
Requesting an LEI code for a fund in Luxembourg is simple and quick. Visit our web site, fill in the application form with details of the fund and you will receive the LEI code in just a few working days. We also offer customised assistance in French, English, German and Italian to answer any questions and guarantee that the process will be trouble-free.
Contact us today for further information and to start the process to request your LEI code.
