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---
title: "ESMA Q&A 1672 — Q&A — LEI of the issuer [Answer Published]"
shortTitle: "ESMA Q&A 1672 — Q&A — LEI of the issuer [Answer Published]"
answer_id: ESMA_QA_1672
topic: "ESMA70-1861941480-56 Questions and Answers on MiFIR reporting"
status: "Answer Published"
type: qa
instrument_type: qa
authority: ESMA
binding: false
binding_character: non_binding
legal_status: in_force
regulation: "MiFIR"
mifir_level3: true
mica_level2: false
legal_basis: "MiFIR"
date: 20 December 2016
source_link: https://www.esma.europa.eu/publications-data/questions-answers/1672
lifecycle: "Answer Published"
text_version: "ESMA Q&A register, 20 December 2016"
source_url: "https://www.esma.europa.eu/publications-data/questions-answers/1672"
check_status: matched
verified: true
last_checked: 2026-10-26
checked_against: "the ESMA publication"
source:
  prepared_by: "ESMA"
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  evidence:
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    locator: "ESMA Q&A entry ESMA_QA_1672: field 'ESMA Answer', no 'Answer provided by' line"
document_type: "qa_answer"
legal_nature: "not_legislation"
addressees: "not stated in the document"
dates:
  published_on: "2016-12-20"
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    published_on: "ESMA Q&A Excel export ESMA_QA_1672, column 'Esma responses', date line"
    question_submitted_on: "ESMA Q&A Excel export ESMA_QA_1672, column 'Date of submission'"
lifecycle_label: "Answer Published"
---

**Answer by ESMA, published in its Q&A tool · not legislation · published 20 Dec 2016 [Answer Published]**

*Answer Published · ESMA Q&A register, 20 December 2016 · Checked against the ESMA publication on 26 Oct 2026 · [Official source](https://www.esma.europa.eu/publications-data/questions-answers/1672)*

| | |
|---|---|
| **Full title** | ESMA Q&A 1672 — Q&A — LEI of the issuer \[Answer Published\] |
| **Prepared by** | ESMA |
| **Published by** | ESMA, in the ESMA Q&A tool |
| **Reference** | ESMA_QA_1672 |
| **Document type** | Q&A |
| **Legal nature** | Not legislation |
| **Addressees** | Not stated in the document |
| **Dates** | Published 20 December 2016; question submitted 20 December 2016 |
| **Legal basis** | MiFIR |
| **Related instruments** | None recorded |
| **Text on this page** | Word for word — the full text of the ESMA publication |

**LEI of the issuer**

### Question

In the case where the issuer does not pay the annual fees for maintaining its LEI to the Local Operating Unit, what is the responsibility of operators of trading venues and systematic internalisers and what measures should be taken?

***

### Answer

\[ESMA 70-1861941480-56 MiFIR data reporting Q&A, Q&A 2.4\]

While issuers of financial instruments should ensure that their LEI is renewed according to the terms of any of the accredited Local Operating Units of the Global Entity Identifier System, under Article 3(2) of RTS 23 operators of trading venues and systematic internalisers are not expected to ensure that the LEI pertaining to the issuer of the financial instrument has been renewed.

***

**Source:** [ESMA original document](https://www.esma.europa.eu/publications-data/questions-answers/1672)