Australia payment institutions and e-money firms use the LEI for counterparty identification and ISO 20022 payment messaging, under Australian Securities and Investments Commission (ASIC) supervision.
Where PIs meet the LEI in Australia
In counterparty and partner-bank identification. In ISO 20022 structured party data and the BIC-to-LEI mapping. In safeguarding and prudential reporting to Australian Securities and Investments Commission (ASIC).
Why it matters
Payment flows increasingly carry the LEI; a clean identity speeds correspondent onboarding and screening.
Getting set up
Fast-Track LEI issuance in 2 to 4 UK working hours is available subject to data completeness, applicant authority and successful compliance validation.
Apply, transfer, or renew
Apply for your LEI
Transfer (free)
Renew
Get your LEI
Fast-Track LEI issuance in 2 to 4 UK working hours is available subject to data completeness, applicant authority, and successful compliance validation. Transfers from another GLEIF-accredited LOU are free.
Frequently asked questions
For counterparty reporting and ISO 20022 messaging, yes, increasingly.
In ISO 20022 party data and via the BIC-to-LEI mapping.
Faster correspondent onboarding and cleaner screening.
Yes. Where the message format and workflow support it, an LEI can be included in ISO 20022 organisation-identification data to identify the legal entity behind the payment.