We are pleased to announce that on 2nd of December 2020, the Global Legal Entity Identifier Foundation (GLEIF) acknowledged that KELER Ltd. is fully accredited as a Local Operating Unit authorized to issue Legal Entity Identifiers (LEIs) for Hungarian legal entities.
KELER Ltd. allocates the 20-digit alphanumeric LEI for the worldwide identification of legal entities through its own web application starting from 1st of February 2021. New and existing clients of KELER will benefit from the new LOU services and the renewed fees.
“The GLEIF accreditation is a significant achievement in the history of KELER. This signifies KELER’s commitment towards the continuous development of the local financial market and widening of our service portfolio. We are looking forward to serve our customers as LOU and feel honoured to be part of the Global LEI System.” – commented Mr. Zsolt Demkó-Szekeres, CEO of KELER.
“Accreditation is the process by which GLEIF evaluates the suitability of organizations seeking to operate within the Global LEI System as issuers of LEIs and custodians of LEI reference data,” says Stephan Wolf, CEO of GLEIF. GLEIF looks forward to cooperating with KELER in its role as an accredited LEI issuer.”
About the KELER Ltd.
KELER Ltd. is the sole Central Securities Depository (CSD) in Hungary established in 1993. KELER is owned by the Central Bank of Hungary and the Budapest Stock Exchange. In addition to the LEI allocation - as national numbering agency for the Hungarian financial instruments, - the company also assigns the CFI (Classification of Financial Instrument), the FISN (Financial Instrument Short Name), and the International Securities Identification Number (ISIN) identifiers to securities issued by Hungarian entities. An innovative service provider with reliable professional and IT background, corresponding international practice, complying with Hungarian and international regulations, KELER builds on its stable shareholder background and capital position when serving its clients and strengthening it’s position in the local and international markets.
About the Global Legal Entity Identifier Foundation (GLEIF)
The Global Legal Entity Identifier Foundation (GLEIF) is a not-for-profit organization established by the Financial Stability Board in June 2014 to support the implementation and use of the Legal Entity Identifier (LEI) globally. GLEIF services ensure the operational integrity of the Global LEI System. GLEIF also makes available the technical infrastructure to provide, via an open data license, access to the full global LEI repository free of charge to users.
GLEIF is overseen by the LEI Regulatory Oversight Committee, which is made up of representatives of public authorities from across the globe. GLEIF has obtained the ISO/IEC 20000-1:2011 certification for its Partnership Program Services to the LEI issuing organizations (LOUs). GLEIF is headquartered in Basel, Switzerland. For more information, visit the GLEIF website at https://www.gleif.org/en and https://www.gleif.org/annual-report.