On 3 January 2018 new legislation (MiFID II) came into effect. As a result, we need you to confirm your nationality if you want to trade shares (and other stock market-listed securities).
Clients who are solely UK nationals just need to confirm their nationality and, if we don’t already have it, provide their National Insurance Number.
Companies, trust and charities will need to provide their Legal Entity Identifier - see below for more information.
What does it mean for me?
The new rules (Markets in Financial Instruments Directive II (MiFID II) require Financial Services companies like Hargreaves Lansdown to collect additional information about our clients. Specifically, we require your nationality and National Client Identifier (e.g. National Insurance Number) if you want to buy or sell shares, ETFs/ETCs, investment trusts, bonds and a number of other listed securities. This information is then shared with the Financial Conduct Authority each time you trade.
For companies, trusts and charities, we will require your Legal Entity Identifier (LEI).
If you only hold funds (unit trusts/OEICs), or an Active Savings Account, you do not have to take any action, but we recommend you provide this information to ensure our full range of dealing services remain open to you.
What do I need to do?
We’ve made it really easy for you to provide your details. Simply select the type of account you hold below to check what you’ll need to provide, then click on the ‘Provide your details now’ button to get started. We’ll then take you through the necessary steps.
If you complete the process online and we already have your National Insurance Number on record you will not be asked to provide this again, you will only need to provide your nationality.
Get started
Act now
New legislation means you need to confirm your nationality
ISAs, Junior ISAs, SIPPs, Junior SIPPs and Fund and Share Accounts
Please provide your nationality and National Client Identifier (NCI). For UK nationals, the National Client Identifier is your National Insurance Number.
If you are a UK national but don’t have a National Insurance Number, you will still need to log in and provide your nationality. Please refer to the FAQ below for further information.
If you are a non-UK national or have multiple nationalities you will be advised what to provide once you have logged in and selected your country of nationality, but it’s usually either your passport number or national/personal identity number.
Accounts that have representatives associated with them (e.g. power of attorney) will need to specify who the main decision maker is on the account. You will then need to provide the nationality and National Client Identifier of the main account holder and the main decision maker. If this is the same person, you’ll only need to enter the details once.
Clients with Junior ISAs and Junior SIPPs will need to provide details of both the child and registered contact.
Fund and Share Accounts
Please provide the nationalities and National Client Identifiers for all account holders. For UK nationals, the National Client Identifier is your National Insurance Number.
If you are a UK national but don’t have a National Insurance Number, you will still need to log in and provide your nationality. Please refer to the FAQ below for further information.
If you are a non-UK national or have multiple nationalities you will be advised what to provide once you have logged in and selected your country of nationality, but it’s usually either your passport number or national/personal identity number.
Accounts that have representatives associated with them (e.g. power of attorney) will need to specify who the main decision maker is on the account. You will then need to provide the nationality and National Client Identifier of the main account holder and the main decision maker. If this is the same person, you’ll only need to enter the details once.
Please register for and provide a Legal Entity Identifier (LEI). A LEI is a 20 digit code that will be unique to your company, trust or charity.
If you don’t have a LEI already you can apply for one through the London Stock Exchange official LEI website.
Once you have your LEI, simply log in to your account to update your record.
Please note the London Stock Exchange charge a fee for allocating a LEI. More information on this is available from the London Stock Exchange LEI page.
Please provide all club members’ nationalities and National Client Identifiers on the form below and return to: Freepost, HARGREAVES LANSDOWN. Please also download the Help Sheet to assist with completing the form. Investment clubs cannot complete this process online.