VPS development plan for the coming years

In August, we launched Road Map 1.0 for our clients. The document sets out a framework for the deliveries to be carried out by VPS during the period 2016 - 2018, and it has become an integrated part of the renewal programme VPS 2.0.

vps 2.0 - hovedlogo med paddingWe have some ambitious targets and we are working very structured to meet those targets. Road Map 1.0 has been presented to our clients, and we have received valuable feedback that we will take with us in the future work. We have already made the deliveries we expected to deliver in 2016 Q2 and Q3. Among these deliveries is our new scrip dividend programme that was delivered this summer.

We have also delivered a solution for automated reconciliation of share capital between VPS and the Brønnøysund Register Centre. Reconciliation will be done on a monthly basis in order to ensure consistency between the two registers.

The working group for implementation of the CSD regulation, including the regulation of access to the beneficial owner details for bonds, submitted its recommendations to the Ministry of Finance on 2 November 2016. This has been a comprehensive work led by the Financial Supervisory Authority of Norway and where VPS has played a central role.

 

 

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