The Norwegian Parliament adopted a new law on Central Securities Depositories (CSDs) and on Securities Settlement, March 15th 2019.
Euronext announced that its shareholders unanimously voted in favour of Euronext’s acquisition of up to 100% of Oslo Børs VPS’s capital during the General Meeting of Shareholders held on 16 May 2019 in Amsterdam.
The Norwegian parliament is in the process of adopting a new law on Central securities depositories (CSDs) and on Securities settlement. The Standing Committee on Finance and Economic Affairs has presented its proposal in Innst. 166 L (2018-2019) (https://www.stortinget.no/no/Saker-og-publikasjoner/Publikasjoner/Innstillinger/Stortinget/2018-2019/inns-201819-166l/). The new law implements CSDR (the European Regulation on improving securities settlement in the European Union and on central securities depositories) into Norwegian law. The new law will replace the current Securities register act of 5. July 2002 nr. 64.
VPS submits today a proposed new rule document, the new VPS Rules for the Registration Activities and Related Ancillary Services.
Consultation concerning changes in VPO NOK in regards to Hold & Release
When VPS can apply for an authorization under CSDR is depending on when the regulation is included in the EEA-agreement and implemented in Norwegian law.
CSDR will apply to VPS and the Norwegian market, as for the rest of EU, when the regulation is incorporated in the EEA-agreement and implemented in Norwegian law.
VPS refer to our letter of 4 July 2017 regarding possible changes to the VPO NOK Rules and the invitation to participants and others to contribute in the consultation regarding those rules.
We provide you with relevant issues about who we are and what we do. You will get updated information about our products in addition to reading about e.g. seminars that we arrange. Have you heard about the new share savings account or the VPS 2.0? If not, we encourage you to subscribe to our newsletter where we regularly provide updated news.
VPS has started developing a new service for equity issuers. The old service “Foretakstjenester” will be replaced during 2018 by the new service, VPS Issuer Services (VIS).
VPS is currently reviewing the entire organisation in order to meet the challenges ahead in a best possible way. As part of this work, some changes have been made to the company's management team.
Opening hours Christmas and New Year 2017
Christmas and the New Year 2017 (pdf, 606 KB)
Verdipapirsentralen ASA will reinforce its connectivity to SWIFT, which could make a shift in transaction volume to SwiftNet from other networks.
Audun Bø (born 1962) has previously held the position as Executive Vice President, Products and Markets, at Eika. Before joining Eika he was a director at Orkla Financial Investments.
The annual event for private investors, Den store Aksjekvelden 2017, is hosted by AksjeNorge, in cooperation with VPS. As usual, we will be present and have our stand at all the five events. We urge you to contact us for a chat about topics of current interest, such as the new share savings account.
EU has recently adopted new requirements with the goal of making shareholders better able to exercise their rights, to enable transparency between companies and investors, and to increase shareholders’ influence on the companies in certain areas. The changes can be found in the amended Shareholders’ Rights Directive (abbreviated SRD II). The new rules will apply in the EU from June 2019. It is not known when the directive will be implemented in Norwegian law.
Nordic Post Trade is one of the most important Nordic conferences for the securities industry's mid and back office. The conference attracts leading experts and key speakers within the post-trade business to address the future industry challenges in the Nordic region. Sveinung Dyrdal represented VPS at this year's conference in Copenhagen in May, where he participated in a panel debate discussing “Will all Nordic CSDs survive?”
After many years with the same appearance, it was time for a renewal, and on 15 June we launched the new logo.
The EU-regulation for data protection, General Data Protection Regulation (GDPR), will be implemented into Norwegian law from May 2018.