Do I need an LEI number?

No, you don't need an LEI number.

LEI numbers are something used by banks and financial institutions to identify which counterparties they have in their trading of financial instruments. LEI numbers were added as a result of the last financial crisis and it is intended to be used to calculate risk in the financial system. With us you subscribe for shares directly in Qred Bank AB, and there is therefore no intermediary. Therefore, LEI numbers are also not needed, as transactions between you and Qred Bank AB are not part of the part of the financial system that LEI numbers are intended to regulate and protect.