UnaVista Offers LEI Allocation Service
London Stock Exchange platform partners with other market infrastructure providers for regulatory compliance
Service aims to reduce challenges for entities seeking accreditation as Local Operating Units
UnaVista has developed an LEI allocation service to help reduce the regulatory and operational challenges of becoming an accredited Local Operating Unit (LOU) for legal entity identifiers (LEIs).
The Global LEI Foundation is currently requesting that pre-LOUs apply for accreditation to become fully approved LOUs. UnaVista LEI is in the process of becoming accredited, but is also helping other pre-LOUs and market infrastructure providers with their LEI allocation.
UnaVista has already partnered with the Hellenic Exchange Group (HELEX) to provide an assisted LEI registration and maintenance service. Greek entities can apply for their LEI with HELEX, which then validates the data and applies via UnaVista's LEI portal.
UnaVista has a similar agreement in place with Maroclear for North and West African LEIs and the Cyprus Stock Exchange.
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