The Nasdaq CSD provides notary services through its head office in Latvia and its branches in Estonia and Lithuania.
Securities for which admission is requested must comply with the admission criteria and other provisions of the Rulebook. In its capacity as a member of the Association of National Numbering Agencies (ANNA), the Nasdaq CSD assigns ISIN and CFI (classification of financial instruments) codes to securities initially registered within any settlement system through its head office in Latvia or branches in Estonia and Lithuania.
As a general rule, Nasdaq CSD admits securities to the “home” Settlement System for the respective Issuer:
- Shares of companies registered in Estonia and other securities constituted under Estonian law are admitted to the Estonian Settlement System;
- Shares of companies registered in Latvia and other securities constituted under Latvian law are admitted to the Latvian Settlement System;
- Shares of companies registered in Lithuania and other securities constituted under Lithuanian law are admitted to the Lithuanian Settlement System.
The Nasdaq CSD may also admit to any settlement system the securities of a foreign issuer (an issuer incorporated in a jurisdiction different from that of the settlement systems where the initial recording of securities is applied for) seeking to exercise the freedom of issue, provided that the issuer complies with the admission requirements and the Nasdaq CSD complies with Articles 23(3) (e) and 49 of the CSDR.