If you intend on investing your client’s money within ETI’s, a LEI (Legal Entity Identifier) is a requirement. For individual investors, this is always their NI Number which is a mandatory requirement when setting them up on the platform, and therefore nothing further is required.

Where you are setting up a JISA account, and the child the JISA is for does not yet have a NI number, the system will generate a CONCAT for them.

If you are setting up a trust account, the system will give you the option of adding in a LEI number when creating the account. This is not a mandatory field so you can create a trust without this number, but any purchases in to ETI’s will be blocked until a LEI number is supplied. We will contact you if a trade has failed due to a missing LEI number.