The Digital Operational Resilience Act ("DORA"), which came into force on 17 January 2025, requires pension scheme trustees to maintain a register of information in respect of their ICT third-party service providers and submit the register to the Pensions Authority on request.
In order for pension scheme trustees to submit the register of information for their scheme, the scheme must have a Legal Entity Identifier ("LEI"). This is a unique 20 digit alphanumeric code that can be used to identify the scheme.
Arthur Cox, through its in-house Listings Team, can liaise with LEI providers to obtain a LEI for your scheme. We can typically obtain an LEI within 24 hours of the relevant scheme documentation being submitted. LEIs can be obtained for a one year, three year or five year period.
If you require an LEI and would like Arthur Cox's assistance, please reach out to a member of the Arthur Cox Pensions and Employee Benefits team.