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What is an LEI? Code Structure Anatomy

An LEI (Legal Entity Identifier) is a 20-digit code designed according to the ISO 17442 standard.

ISO 17442 Structure Breakdown Asset

1234
LOU (4)
00
Res (2)
ABC123XYZ789
Entity Code (12)
89
Checksum (2)

The first 4 characters identify the Local Operating Unit (LOU) that issued the code. Characters 5-6 are reserved (always 00). Characters 7-18 are the unique identifier assigned to the legal entity, and the final 2 digits are the checksum values calculated via the ISO 7064 Mod 97-10 algorithm.

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