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Concerning The Financial Instrument For The Operation Of The Order Between The Lcd And The Bank Of Latvia

Original Language Title: Par finanšu instrumentu operāciju veikšanas kārtību starp LCD un Latvijas Banku

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Latvian Central Depositary Regulation No. 13 concerning the financial instrument for the operation of the order between the LCD and the Bank of Latvia, Latvian Central Depository approved by the Council on 23 January 2004, in the Latvian Central Depository (the LCD) Regulation No 13 "financial instruments operations procedures between the LCD and the Bank of Latvia" (hereinafter referred to as the rules) establish financial instruments operations procedures between the LCD and the Bank of Latvia (hereinafter LB). The rules developed based on financial instruments market law (hereinafter referred to as the Act) article 94 the first and second parts of the fourth paragraph.
1. the terms used in the rules 1.1. terms used in the terms and concepts that are not understood, comply with statutory used terms and concepts.
1.2. LCD participant financial intermediary who made the holding of financial instruments that have been posted and/or carrying out LCD, settlement of transactions in financial instruments.
1.3. the offset the nominal account: an account of financial instruments, which are listed in the LCD or the participants organised LB securities settlement system for holding financial instruments.
1.4. The plain (non-) transfer: account operation with financial instruments financial instruments as a result of any transfer of funds from one financial instrument account to another financial instrument account.
1.5. Financial instrument for the event — is any fact or circumstance which affect the characteristics of financial instruments, as well as the issuer's action, a commitment to the financial instrument for the owner (shareholder meetings, dividend payout).
2. General provisions 2.1 the rules provide procedures: 2.1.1. LCD, records, and delete posts of the Republic of Latvia (hereinafter referred to as the Government) issued financial instruments;
2.1.2. between the LCD and the LB to transfers of financial instruments;
2.1.3. the LCD performs financial instrument events national financial instruments issued and LCD posted financial instruments if they credited to offset the nominal account LB LCD. 2.2. transfers of financial instruments linked to the presentation of the accounts used in the LCD members, financial instruments account and transfer the task of classification according to the type of LCD rules No 11 "for data exchange".
3. national financial instruments issued by the State 3.1 the LCD entry in the financial instruments of the issuer (hereinafter the issuer), or an authorised person of the issuer may agree with the LCD on the State of financial instruments issued by emission of LCD by the booking contract.
3.2. State financial instrument governing agenda posted rules no. 2 LCD "financial instruments" accounting of emissions, as long as it does not conflict with the 8 January 2004 document "procedures between the Bank and JSC" Latvian Central Depositary of securities related to "operation", and if the contract concluded between the issuer or the issuer and the trustee of the LCD, not otherwise specified.
4. LCD and LB mutual accounting for financial instruments in order to ensure the country 4.1 issued financial instruments accounting LCD, LB has opened the LCD corresponding nominal accounts LB organised securities settlement system;
4.2. to ensure the LCD posted financial instrument accounting LBS, the LCD is opened by LB offset nominal account LCD financial instrument accounting system.
4.3. financial instruments issued by the national accounting procedures regulates rules No LCD LCD. 3 "On accounting and financial instruments financial instruments execution of events", in so far as this does not conflict with the 8 January 2004 document "procedures between the Bank and JSC" Latvian Central Depositary of securities related to "operation", and if the contract concluded between the issuer or the issuer and the trustee of the LCD, not otherwise specified.
5. transfers of financial instruments operations between LCD and LB to make transfer 5.1 operation between the LCD and the participant must submit a LB, LCD LCD in plain (non) transfer order in accordance with Regulation No 4 "LCD For transfers of financial instruments", specifying the procedures of the requested properties LB: LB code: 0042 activity: Account type: 21 02 recipient's BIC (Bank Identifier Code) code: LB Member BIC code 5.2. LCD and LB posted financial instrument transfer arrangements between the LCD and the LBS down 8 January 2004 the procedure " as between the Bank and JSC "Latvian Central Depositary of securities related to" operations ".
5.3. the execution of the transfer task LCD LCD financial instrument accounting system in accordance with Regulation No 4 "LCD For transfers of financial instruments" procedures, in so far as this does not conflict with the 8 January 2004 document "procedures between the Bank and JSC" Latvian Central Depositary of securities related to "operation", and if the contract concluded between the issuer or the issuer and the trustee of the LCD, not otherwise specified.
6. Interest income remuneration of State issued financial instruments listed on the LCD instrument procedures for the payment of interest is governed by Regulation No 8 "LCD On dividends, interest, principal and other income costs", so far as is not incompatible with 8 January 2004 document "procedures between the Bank and JSC" Latvian Central Depositary of securities related to "operation", and if the contract concluded between the issuer or the issuer and the trustee of the LCD not otherwise specified.
7. The principal cost and deletion of State issued financial instruments listed on the LCD instrument principal cost and deletion procedure is governed by Regulation No 8 "LCD On dividends, interest, principal and other income costs", so far as is not incompatible with 8 January 2004 document "procedures between the Bank and JSC" Latvian Central Depositary of securities related to "operation", and if the contract concluded between the issuer or the issuer and the trustee of the LCD not otherwise specified.
8. in the event of the other financial instruments in the execution of other financial instruments in the event of the implementation of the provisions of Regulation No 3 "LCD on the accounting of financial instruments and financial instruments execution of events", in so far as this does not conflict with the 8 January 2004 document "procedures between the Bank and JSC" Latvian Central Depositary of securities related to "operation", and if the contract concluded between the issuer or the issuer and the trustee of the LCD not otherwise specified.
9. final provisions 9.1. rules shall enter into force on the day following their publication in the newspaper "journal".
9.2. With the entry into force of these regulations shall lapse 8.1996 in November the Latvian Central Depository Board adopted LCD instruction No 5 "for public posting of securities issued".