All corporate clients of Saxo Bank will have to provide Saxo with a LEI code.
LEGAL ENTITY IDENTIFIER (LEI)
Note: LEI is a unique 20-character alphanumeric code required to trade and report derivative contracts within the European Economic Area (EEA), cf. Regulation (EU) nº 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central counterparties and trade repositories (EMIR).
LEI codes are issued by EU endorsed Local Operating Units (LOUs). A list of endorsed LOUs is available at: