Legal Entity Identifyer

DNB Bank ASA has acquired a LEI: 549300GKFG0RYRRQ1414

What is the LEI code?
The Legal Entity Identifier (LEI) initiative is designed to create a global reference data system that uniquely identifies every legal entity or structure, in any jurisdiction, that is party to a financial transaction.
 
Endorsed by the G20, the establishment of a Global LEI System (GLEIS) is critical to improving measurement and monitoring of systemic risk. Global, standardized LEIs will enable regulators and organizations to more effectively measure and manage counterparty exposure while also resolving long standing issues on entity identification across the globe.  To aid global allocation of LEIs, Local Operating Units (LOUs) have been formed and must be sponsored by local regulators to assign and maintain LEIs to firms on a cost recovery basis.
 
The use of the LEI has been mandated by the European Securities and Markets Authority (ESMA) for the reporting of derivative transactions to Trade Repositories under European Market Infrastructure Regulation (EMIR).
 
More information can be found at:
London Stock Exchange
WM Datenservice
NordLEI
Institut National de la Statistique et des Etudes Economiques
CICI Utility
Takasbank
 
For further questions regarding EMIR and Dodd-Frank, please contact emir@dnb.no