Criteria for becoming account operator
What type of authorisation is sought (Account Operator for Investor, Account Operator for Issuer or Account Operator for Funds), which technical systems to be used, including safety description of the systems in addition to a list of employees who will perform account operations.
Further, VPS would like to receive an overview of the experience and expertise acquired by the company within securities registration and the operation of VPS’ IT solutions.
The following documents must be submitted together with the application:
- Articles of Association
- Copy of the pertinent licence
- Certificate of Registration
- Signature List
- Certified copy of ID
- The company’s KYC and AML procedures
Please send the application to:
P.O.Box 1174 Sentrum
NO-0107 Oslo, Norway
Following a potential approval of the application
The company must confirm that they are familiar with the VPS Technical Handbook and the technical requirements set out therein. In addition, a technical test in VPS Demo must be accomplished and approved by VPS. If the company does not possess adequate skills to operate the VPS systems, the employees of the company must attend a course/training.
All customers acting as Account Operators for Investor are urged to arrange for VPS Client Services access for their respective clients.