Retired
A global legal entity identifier registration for an entity that has ceased operation, without having been merged into another entity.
If
- After being issued an LEI, the entity ceases to operate (goes out of business and/or dissolves its legal standing)
- The entity informs the LOU of the cessation of business, OR, the managing LOU determines by public sources that the legal entity has been dissolved or ceased to operate (and the LOU seeks to confirm this status through all available channels with the entity)
Then
1. The leiRegistrationStatus is set to “RETIRED”;
2. The leiRecordLastUpdate is set to reflect the date of this update;
3. The EntityExpirationDate is also set to the date of this update;
4. The EntityExpirationReason is set to “DISSOLVED”;
5. The EntityStatus is set to “INACTIVE”; and
6. No further updates of the RETIRED registration record will occur.