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Shane Coman, CEO, Nexus Assurance

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Introducing the DORA LEI

Digital Operational Resilience Act Legal Entity Identifier

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What We Do

We provide information and services on the Legal Entity Identifier, LEI for short. We provide them to people who need them to comply with the new DORA regulations. For example an Information and Communication Technology (ICT) firm will require an LEI to stay compliant! 

 

We make sure you and the regulator are both happy!  

Why you NEED a LEI

The DORA regulation is coming into law and if you are associated with Information and Communication Technology Firms in the EU then you, and they will need to register an LEI for DORA. This applies to ICT providers outside of the EU also.

 

The LEI is the only global identifier that contains up to date, accurate and verifiable information on legal entities.

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The DORA regulations will become law in January 2025...

Don't leave it to the last minute, prepare now !

When does DORA go live?

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Frequently Asked Questions

DORA LEI is a legal entity identifier which is needed by Information and Communication Technology (ICT) companies under the Digital Operatational Resilience Act (DORA)

What is DORA LEI

If you are a financial entity operating within the EU , you are required to have one by 2025.

How do I know if I need an LEI

DORA applies not only to EU based firms but also to non EU entities providing services to EU financial institutions must also comply with DORA requirements. 

Scope of DORA

Apply with your company number and details and you will receive a LEI

How do I obtain an LEI

Simply renew the DORA LEI through the services provided and your LEI status will return to ACTIVE

What happens if my LEI lapses

The digital operational resilience act will come into law in Janruary of 2025

When do I need an LEI under DORA by

The implementing Technical Standard (ITS) mandates that DORA oversight must use a "valid" LEI. So while ICT firms need to procure an LEI to help regulated financial services firms oversee them, they must consciously maintain the validity of the LEI , through annual renewal. 

Do I have to use a DORA LEI for oversight

The LEI code is a one time purchase yes however the LEI code status must be renewed every year. 

Is an DORA LEI a one time purchase

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The Digital Operations Resilience Act (DORA)

DORA is a new piece of legislation created by the European Commission which requires Information and Communication Technology (ICT) companies to register for a Legal Entity Identifier (LEI).

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