Create New Legal entity form

  • Release version: Australia
  • Updated May 15, 2026
  • 2 minutes to read
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    Summary of Create New Legal entity form

    The Create New Legal entity form enables ServiceNow customers to set up and manage digital resilience information for legal entities. This form is essential for accurately reporting entity details in compliance with regulatory requirements such as DORA. It ensures the integrity of data by validating Legal Entity Identifier (LEI) codes against the GLEIF database and supports comprehensive entity classification and hierarchy documentation.

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    Key Features

    • Legal Entity Identifier (LEI): Enter a unique 20-character alphanumeric global identifier following ISO 17442. The system validates this against the GLEIF database and auto-populates the entity's name and country fields. Inline warnings appear if manually edited values do not match GLEIF data.
    • Name and Country of the Entity: Auto-filled upon LEI validation, representing the legal name and two-letter country code of the entity’s registration.
    • Type of Entity: Select from a comprehensive list of entity types, including various financial institutions, service providers, and non-financial entities, enabling precise classification for reporting purposes.
    • Entity Hierarchy: Define the entity’s role within its group structure (e.g., ultimate parent, subsidiary, outsourcing) to clarify organizational relationships.
    • Parent LEI: Specify the LEI of the direct parent undertaking when applicable, supporting hierarchical accuracy.
    • Important Dates: Record the date of last update, date of integration into the register, and if applicable, the date of deletion, ensuring up-to-date entity lifecycle tracking.
    • Deletion Status: Indicate whether the financial entity has been deleted from the register, with conditional display of the deletion date field.
    • Financial Data Fields: Capture the currency code used for financial statements and the monetary value of total assets based on the previous year's financial statement, supporting financial resilience analysis.

    Practical Benefits for ServiceNow Customers

    • Ensures compliance with regulatory digital resilience reporting by capturing accurate, validated entity information.
    • Reduces manual data entry errors through LEI validation and auto-population features.
    • Supports detailed entity classification and hierarchy mapping, enabling clearer organizational insights.
    • Facilitates tracking of entity status and financial metrics vital for risk management and reporting.
    • Helps maintain a reliable and current legal entity register within ServiceNow’s digital resilience management framework.

    On the Create New Legal entity form, fill in the fields to set up the digital resilience information.