Renew your LEI before it becomes lapsed. A lapsed LEI can affect Australian Securities and Investments Commission (ASIC) reporting, and reports may be rejected at DTCC Data Repository (Singapore) Pte Ltd, where a current LEI is required. TNV-LEI also sends renewal reminders at 90, 30, 7 and 1 days before the renewal date.
Why renewal matters in Australia
- An LEI is not a one-time purchase. In Australia it carries a 12-month validity and must be renewed annually for as long as the entity exists and reports under the ASIC Derivative Transaction Rules (Reporting) 2024.
- A renewed LEI keeps your reporting to DTCC Data Repository (Singapore) Pte Ltd, the prescribed Australian TR, clean and your Australia bank relationships uninterrupted.
When to renew
TNV-LEI issues renewal reminders at 90, 30, 7 and 1 days before expiry. Renewing early avoids any window in which an Australia report could be rejected for a lapsed identifier.
The renewal process
- Confirm your existing LEI and entity reference data.
- Check whether the legal name, registered address, registration details or ownership information has changed.
- TNV-LEI re-validates the information against the relevant Australian authoritative source and completes the LEI renewal process.
- Fast-Track processing in 2 to 4 UK working hours is available subject to data completeness, applicant authority and successful compliance validation.
What Happens If You Don't Renew Your LEI?
If an LEI is not renewed on time, its status can change from ISSUED to LAPSED. Where a current LEI is required, this may affect ASIC-related reporting or other financial workflows and may result in validation issues at an ASIC-licensed trade repository such as DTCC Data Repository (Singapore) Pte Ltd (DDRS).
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 Question
Every 12 months. The validity date is shown on the GLEIF record.
The LEI lapses and DTCC Data Repository (Singapore) Pte Ltd (the prescribed Australian TR) can reject your reports until it is reinstated.
Yes. TNV-LEI sends reminders at 90, 30, 7 and 1 days before the renewal date.
No. LEI number renewal does not create a new identifier. The same 20-character LEI remains assigned to the entity while its reference data and renewal status are re-validated.