Rules and regulations
VPS Rules in force 4 February 2025
LEI – Legal Entity Identifier
The Global Legal Entity Identifier System was established by initiative of the G20 forum and the Financial Stability Board. LEI is a unique, global alfanumerical code of 20 digits. It is used to identify legal entities participating in financial transaction and in connection with financial reports
The implementation of a Legal Entity Identifier (LEI) and jurisdiction is i.a. manatory for
- Issuers
- Settlement Participant and Account Operators
A legal entity may only have one LEI which is valid on a global basis.
CPSS-IOSCO principles for financial market Infrastructures
In April 2012, The Committee on payment and settlement systems (CPSS) and The international organization of securities commissions (IOSCO) decided on the new Principles for financial market infrastructures. Euronext Securities Oslo performed a self assessment in relation to the principles during the autumn 2013. The assessment finds that Euronext Securities Oslo observes all of the requirements in the CPSS-IOSCO principles with a minor exception regarding the principle for legal basis, the principle for default management, the principle for indirect participation and the principle on FMI links. These four principles were only found to be broadly observed.
Read more about the CPSS-IOSCO principles
Code of conduct
The EU is undertaking an extensive program of work to harmonise the European securities market. Euronext Securities Oslo is participating in this program, and is a signatory to the European Code of Conduct for Clearing and Settlement that was issued in 2006.