Terms & conditions/Privacy policy

Website Privacy Policy – Opens PDF document in new tab.

  • About our Terms
    • These Terms apply to and form part of the contract between ManagedLEI (MLEI) and its clients (the Client). They supersede any previously issued terms and conditions.
    • No variation of these Terms shall be binding unless expressly agreed in writing by a duly authorised signatory on behalf of MLEI. MLEI may vary these terms if such variation is required by the Global Legal Entity Identifier Foundation (GLEIF) or to comply with any agreement to which MLEI is a party to with a Local Operating Unit (LOU).
    • TheseTerms should be read carefully before using MLEI’s services.
    • If the Client has any questions about these Terms, please contact MLEI by:
      • e-mail: contactus@managedlei.com; or
      • telephone: 01622 535535.
    • About ManagedLEI
      • MLEI is a brand owned by Trusted Identity Limited a company registered in England and Wales with company number 11299777 and whose registered office is at The Granary, Hermitage Court, Maidstone, Kent ME16 9NT.
      • MLEI operates as an Official Registration Agent of the Global Legal Entity Identifier Foundation (GLEIF).
      • MLEI operates as an Official Registration Agent for the GLEIF in the name of the Client and cooperates with GLEIF accredited LOU’s to order or renew Legal Entity Identifiers (LEIs) for its clients.
      • MLEI is not legally affiliated with any LOU and may use different LOUs depending on the prevailing conditions within the market. MLEI does not operate as a LOU in respect of LEIs.
    • Contractual Process
      • In order to purchase an LEI or to renew an existing LEI, the Client shall purchase directly from MLEI’s website at https://Shop.Managedlei.com (the Website).
      • By the Client submitting an order for an LEI, the Client agrees to these Terms together with MLEI’s Privacy Policy (which can be found at https://managedlei.com/privacy-policy/).
      • The Client’s privacy and personal information are important to MLEI. Any personal information that the Client provides to MLEI will be dealt with in line with MLEI’sPrivacy Policy, which explains what personal information MLEI collect from the Client, how and why they collect, store, use and share such information, the Client’s rights in relation to its personal information and how to contact MLEI and supervisory authorities in the event the Client has a query or complaint about the use of its personal information.
      • Each order by a Client shall be an offer to purchase services subject to these Terms. An order may be withdrawn or amended by the Client at any time provided that notice in writing of such withdrawal or amendment by the Client is received by MLEI before acceptance by MLEI and prior to signature of a Letter of Authority (LOA). If MLEI is unable to accept an order made by a Client, it shall notify the Client as soon as reasonably practicable.
      • MLEI may accept or reject an order at its discretion. An order shall not be accepted, and no binding obligation to supply the services shall arise, until the earlier of:
        • MLEI’s written acceptance of the order; or
        • MLEI performing the services or notifying the Client that it has purchased a LEI on the Client’s behalf.
      • The Client can make an order via the Website in accordance with clause 4 below. On signature of a LOA issued in accordance with the process set out in clause 4 below, the Client authorises MLEI to order a LEI and/or renew the Client’s LEI. On signature of the LOA the Client also confirms that it is authorised to give third party authorisation to MLEI to order or renew a LEI.
      • On receipt of a signed LOA (issued in accordance with clause 4 below) and the appropriate fee (please see below for payment details), MLEI will process the Client’s application to purchase or renew a LEI.
      • On successful allocation of a LEI, MLEI will send the LEI to the Client’s nominated email address.
      • If there are any inconsistencies in the data provided by the Client or if some information is missing, MLEI may contact the Client by email or phone using the contact information provided by the Client.
    • Order Options
      • The Client has a number of different order options available to it. These order options are set out on the Website and the order process for each option is set out below.
        • A New 1 Year Application
          • This option is for Clients who have not previously been issued with a LEI.
          • The Client can select one of its registered directors to receive an email online by applying the director’s email address to the order. The director will then receive a form that they must complete and sign online; or
          • The Client can request that MLEI be the signatory. MLEI will then release a LOA to be manually signed by a registered director of the Client.
        • Renewing an Existing LEI
          • This option is available where a Client has been issued with a LEI previously through another LEI issuer.
          • Upon receiving the application for the LEI a LOA will be sent to the Client requesting a registered director of the Client to sign and email back. The email forms the Client’s instructions to MLEI to order/renew a LEI on the Client’s behalf.
        • Renewing an Existing LEI (previously issued by MLEI)
          • The Client can select a registered director to receive an email online by applying the director’s email address to the order. The director will then receive a form that they must complete and sign online; or
          • The Client can request that MLEI be the signatory. MLEI will then release a LOA to be manually signed by a registered director of the Client.
        • Repeat Purchase of LEIs via MLEI
          • MLEI provide an option for the Client to sign up for a long-term service which involves MLEI renewing LEIs for the Client each year.
          • Upon receiving an application for the LEI a LOA will be sent to the Client requesting the Client to have a registered director sign and return by email. The LOA will instruct MLEI to order/renew on the Client’s behalf for a specified period of time. The different periods the Client can sign up for are set out on the Website.
        • Client’s Obligations and Liability
          • On receipt of an email from MLEI setting out the LEI details, the Client must check the validity of its LEI by using the global GLEIF webpage which can be found at https://www.gleif.org/en/.
          • The Client agrees to use MLEI’s services in good faith.
          • The Client is responsible for any LEI number related activity which is connected with the company that the Client is representing.
          • The Client agrees that it is obligated to:
            • supply true, full and authentic information;
            • promptly submit any changes regarding any aspect having an actual or potential influence in the LEI; and
            • attest that it has the necessary authority to apply for a LEI.
          • The Client will indemnify and keep indemnified on demand and hold harmless MLEI from and against all damages, liabilities, demands, costs, expenses, claims, actions and proceedings (including all consequential, direct, indirect, special or incidental loss or punitive damages or loss, legal and other professional fees, costs and expenses, fines, penalties, interest and loss of profit or any other form of economic loss (including loss of reputation) suffered or incurred by MLEI arising out of or in connection with any act or omissions by the Client that is in breach of the contract between the Client and MLEI.
        • Fees
          • The fees for MLEI’s services are published on MLEI’s pricing page which can be found at https://shop.managedlei.com/. Where applicable MLEI will issue the Client with an invoice setting out fees payable.
          • All fees are exclusive of VAT (or equivalent sales tax). The Client shall pay any applicable VAT to MLEI.
          • MLEI may offer discounts for bulk purchases at MLEI’s discretion. Such discounts would need to be agreed between the Client and MLEI prior to an order.
          • MLEI may increase its fees at any time. In respect of Clients who sign up to a long term contract, MLEI may increase its fees at the end of each annual term by giving the Client not less than 30 days prior written notice.
          • Once a LEI has been issued the Client will not be refunded for any fees paid.
        • Payment
          • The Client will pay the fees via regular bank wire to the bank account nominated by MLEI. The Client shall pay all fees in full without deduction or set-off and in cleared funds.
          • Payments are accepted in the following currencies:
            • GBP (British Pound);
            • USD (United States Dollar); and
            • EUR (Euro).
          • Time of payment is of the essence. Where fees due are not paid in full by the due date for payment MLEI may, without limiting its other rights, charge interest on such fees at 4% a year above the base rate of the Bank of England from time to time in force. Interest shall accrue on a daily basis, and apply from the due date for payment until actual payment in full, whether before or after judgment.
        • Limitation of Liability
          • Nothing in these Terms shall limit or exclude MLEI’s liability for:
            • death or personal injury caused by its negligence, or the negligence of its personnel, agents or subcontractors;
            • fraud or fraudulent misrepresentation; and
            • any other liability which cannot be limited or excluded by applicable law.
          • MLEI will make all reasonable efforts to obtain a LEI for its Client. However, MLEI cannot guarantee the successful allocation of a LEI for any Client.
          • MLEI are not legally responsible for any:
            • losses that:
              • were not foreseeable to the Client nor MLEI when the contract was formed; or
              • that were not caused by any breach on MLEI’s part; and
            • direct, indirect or consequential losses arising under or in connection with a contract;
            • business losses.
          • MLEI is not responsible in any way for possible damages related to LEIs.
          • Please note that MLEI do not provide any financial or investment advice nor any advice or guidance in relation to regulatory or legal requirements.
        • Relationship and Disputes
          • The relationship between MLEI and the Client is regulated by English law. The Client and MLEI are independent persons and are not partners, principal and agent or employer and employee and the contract does not establish any joint venture, trust, fiduciary or other relationship between the Client and MLEI, other than the contractual relationship expressly provided for in it.
          • MLEI will try to resolve any disputes with its Clients quickly and efficiently.
          • If the Client is unhappy with MLEI please contact MLEI as soon as possible.
        • Termination
          • MLEI may terminate a contract between MLEI and a Client immediately at any time and for any reason.
          • The Client may terminate the contract at the end of any annual term by giving MLEI no less than 3 months’ written notice.
          • On termination of the contract MLEI will return all information in its possession belonging to the Client within a reasonable time.
        • Data Protection and Confidentiality
          • Both parties agree to strictly observe data privacy rules as set out in applicable data protection legislation.
          • The Client acknowledges and agrees that MLEI may use personal data of the Client for the purpose of performing their obligations and rights under this contract.
          • The Client and MLEI both agree to keep confidential information belonging to the other party secret and confidential at all times and not to disclose it or allow it to be disclosed in whole or in part to any third party without the disclosing party’s prior written consent.
        • Miscellaneous
          • Cumulative remedies

The rights and remedies provided in these Terms for MLEI only are cumulative and not exclusive of any rights and remedies provided by law.

  • Further assurance

The Client shall at the request of MLEI, and at the Client’s own cost, do all acts and execute all documents which are necessary to give full effect to the contract.

  • Entire Agreement
    • The Client agrees that the contract constitutes the entire agreement between them and supersede all previous agreements, understandings and arrangements between them, whether in writing or oral in respect of its subject matter.
    • The Client acknowledges that it has not entered into the contract in reliance on, and shall have no remedies in respect of, any representation or warranty that is not expressly set out in the contract. The Client shall not have any claim for innocent or negligent misrepresentation on the basis of any statement in the contract.
    • Nothing in these Terms purports to limit or exclude any liability for fraud.
  • Assignment

The Client may not assign, subcontract or encumber any right or obligation under the contract, in whole or in part, without MLEI’s prior written consent.

  • Set off
    • MLEI shall be entitled to set-off under the contract any liability which it has or any sums which it owes to the Client under the contract.
    • The Client shall pay all sums that it owes to MLEI under the contract without any set-off, counterclaim, deduction or withholding of any kind, save as may be required by law.
  • Severance
    • If any provision of the contract (or part of any provision) is or becomes illegal, invalid or unenforceable, the legality, validity and enforceability of any other provision of the contract shall not be affected.
    • If any provision of the contract (or part of any provision) is or becomes illegal, invalid or unenforceable but would be legal, valid and enforceable if some part of it was deleted or modified, the provision or part-provision in question shall apply with such deletions or modifications as may be necessary to make the provision legal, valid and enforceable. In the event of such deletion or modification, the parties shall negotiate in good faith in order to agree the terms of a mutually acceptable alternative provision.
  • Waiver
    • No failure, delay or omission by the contract in exercising any right, power or remedy provided by law or under the contract shall operate as a waiver of that right, power or remedy, nor shall it preclude or restrict any future exercise of that or any other right, power or remedy.
    • No single or partial exercise of any right, power or remedy provided by law or under the contract by MLEI shall prevent any future exercise of it or the exercise of any other right, power or remedy by MLEI.
  • Compliance with law

The Client shall comply with all laws, enactments, regulations, regulatory policies, guidelines and industry codes applicable to it and shall maintain such authorisations and all other approvals, permits and authorities as are required from time to time to perform its obligations under or in connection with the contract.

  • Events beyond MLEI’s control

MLEI shall have no liability to the Client for any breach of the contract caused by any event or circumstance beyond MLEI’s reasonable control including, but not limited to, strikes, lock-outs or other industrial disputes; breakdown of systems or network access; or flood, fire, explosion or accident.

  • Third party rights

No one other than a party to these Terms has any right to enforce any of these Terms.

  • Governing law and Jurisdiction
    • The contract and any dispute or claim arising out of, or in connection with, it, its subject matter or formation (including non-contractual disputes or claims) shall be governed by, and construed in accordance with, the laws of England and Wales.
    • The parties irrevocably agree that the courts of England and Wales shall have exclusive jurisdiction to settle any dispute or claim arising out of, or in connection with, the contract, its subject matter or formation (including non-contractual disputes or claims).
× Chat with us.

Ready to buy your LEI?

Click here to visit the SHOP now.

Thank you for your interest in ManagedLEI.