VPS may authorise the following types of entities as Account Operators
  • The Central Bank of Norway (“Norges Bank”) and central banks that are headquartered in other EEA-states.
  • Securities registers that are headquartered in Norway and that are subject to supervision by the authorities in Norway, or that are headquartered in and subject to supervision by the authorities in other EEA-states.
  • Central counterparties that are headquartered in Norway and that are subject to supervision by the authorities in Norway, or that are headquartered in and subject to supervision by the authorities in other EEA-states.
  • Investment firms that are authorised according to the Securities Trading Act, Section 9-1, to carry out investment activities as mentioned in the Securities Trading Act, Section 2-1, first paragraph, items. 2, 3, or 6.
  • Investment firms headquartered in other EEA-states authorised to carry out investment activities as described in the Securities Trading Act, Section 2-1, first paragraph, items 2, 3, or 6, and that are included on the public register according to the Securities Trading Act, Section 9-7, of entities authorised to offer investment services in Norway.
  • Savings banks and commercial banks as mentioned in the Savings Banks Act and the Commercial Banks Act, as well as corresponding entities that are headquartered in Norway and subject to supervision by the authorities in Norway or that are headquartered in and subject to supervision by the authorities in other EEA-states.
  • Credit institutions that issue bonds, cf. Financial Institutions Act, Part IV, Chapter 2, as well as corresponding entities that are headquartered in Norway and subject to supervision by the authorities in Norway, or that are headquartered in and subject to supervision by the authorities in other EEA-states.
  • Management companies for securities funds cf. Securities Funds Act, Section 2-1, as well as corresponding entities that are headquartered in Norway and subject to supervision by the authorities in Norway, or that are headquartered in and subject to supervision by the authorities in other EEA-states.
  • Subject to a case-by-case evaluation by VPS, other types of entities equivalent to entities mentioned in this paragraph that are headquartered in non-EEA-states.
  • Other entities approved by Finanstilsynet.