On The Accounting Of Financial Instruments And Financial Instruments Execution Of Events

Original Language Title: Par finanšu instrumentu uzskaiti un finanšu instrumentu notikumu izpildi

Read the untranslated law here: https://www.global-regulation.com/law/latvia/7851549/par-finanu-instrumentu-uzskaiti-un-finanu-instrumentu-notikumu-izpildi.html

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Latvian Central Depositary Regulation No 3 on the accounting of financial instruments and financial instruments execution of events approved by the Latvian Central Depository Council meeting of 23 January 2004, in the Latvian Central Depository (the LCD) "accounting for financial instruments and financial instruments execution of events" (hereinafter referred to as the rules) establish financial instruments accounting procedures LCD and the General principles of financial instrument events. The rules developed based on financial instruments market law (hereinafter the law) the fourth subparagraph of article 92 and article 94 of the second paragraph of the first, fifth, sixth and eighth.
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 to the Latvian central depository, and/or the settlement of transactions in financial instruments.
1.3. member status of the issuer in the LCD — issuers of financial instruments, which, by becoming a member, you get the right LCD LCD post financial instruments and that the LCD open emissions account for every kind of financial instrument.
1.4. Financial intermediary, investment firm or a credit institution which has a license for the provision of investment services or activities of a credit institution established in a Member State of the investment firm or credit institution established in a Member State which prescribed by law is entitled to initiate the provision of investment services or activities of a credit institution registered in a foreign company, which provides investment and law have the right to take possession of the financial instruments.
1.5. Fungible financial instruments — one and the same issuer released financial instruments with similar characteristics (nominal value, voting rights, the right of disposal, etc.).
1.6. ISIN code: internationally recognized identification number of financial instruments (English cur-International Securities Identification Number) assigned to each kind of LCD for financial instruments. ISIN code assignment in accordance with the national numbering Agency Association (Association of National Numbering agencies — Anna) standards.
1.7. Immobilization, physical (paper) form of transfer of financial instruments financial instruments deposited with the depositary, while electronic financial instruments account in registering property rights on the deposited financial instruments.
1.8. The nominal account: an account of financial instruments, which are listed in the person holding the instrument.
1.9. Emissions account: the financial instruments accounting account where all the LCD posted fungible financial instruments and which entries are made when posting or deleting of a financial instrument.
1.10. the offset account LCD — financial instruments accounting account that LCD LCD open participant and which lists all members of the current holdings of the LCD to financial instruments.
1.11. Financial instrument for the event — any fact or circumstance which affect the characteristics of financial instruments, as well as action by the issuer in relation to the financial instruments owners (shareholders ' meeting, dividends, etc.).
1.12. the original register (hereinafter "SR) — a list of people who got the rights to one of the issuer's financial instruments allow the initial deployment.
1.13. The issuer's agent, the issuer authorized LCD LCD or a member who carries out the tasks of the issuer with the initial deployment of the related accounts and/or sort SR financial instruments.
1.14. De-registration: financial instruments accounting from SRI to the financial instruments accounts opened at the LCD participants.
1.15. Delivery against payment (delivery versus payment-DVP) — a type of financial instrument accounting transactions in which financial instruments and related money dealings going on līdzejoš, thus excluding the parties to the transaction do not deliver risk financial instruments or do not pay the money.
1.16. Posting date-time that is posted with the financial instruments linked operation.
1.17. direct account: the financial instruments account, opening the LCD and booked in the financial instruments accounts not subject to the law on the financial instruments market.
2. General provisions 2.1 the rules provide procedures: 2.1.1. LCD and LCD the LCD participants lists posted financial instruments;
2.1.2. LCD and LCD members made postings with LCD posted financial instruments;
2.1.3. LCD and LCD members distributes financial instrument events LCD posted financial instruments;
2.1.4. LCD LCD posted records of financial instruments, which are not governed by the laws of the records;
2.1.5. the LCD, LCD and LCD status card issuer members SR.
2.2. the State and local governments issued financial instruments from these rules can apply different accounting procedures, as determined by the relevant legislation.
2.3. LCD deliverable document copies are presented according to the laws of the Republic of Latvia in the prescribed order.
2.4. the exchange of information between the LCD and LCD members takes place in electronic form and in accordance with Regulation No 11 LCD "for data exchange".
2.5. 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. Two levels of dematerialised financial instruments accounting system 3.1 financial instruments accounted for LCDS only in dematerialised form. LCD financial instruments in the financial instruments accounting systems are stored in the form of skriptuāl booking of financial instruments accounting accounts.
3.2. If the issuer of a financial instrument or the investor wants LCD financial instrument accounting system to list released in a physical form of financial instruments must be carried out before posting the immobilization of LCD. Immobilization procedures determined by mutual agreement between the LCD and the issuers of financial instruments and investors.
3.3. financial instrument accounting of LCD and LCD. Total financial instruments accounting system consists of two levels of record keeping: 3.3.1. Count sort — emissions LCD accounts and balancing accounts of participants in the LCD LCD LCD participants sort; 3.3.2. accounts — financial instruments offset account in the LCD and the financial instrument for the owner of the account.
3.4. the unit's LCD and LCD members financial instrument accounting system is one financial instrument. A financial instrument is not divisible.
3.5 LCD posted financial property right is evidence concerning the financial instrument for the owner of the account in the source document.
3.6. If the LCD participants opened the nominal account of the person whose holding is located in a financial instrument, the financial instrument for the property is evidence concerning the financial instrument for the owner's account opened with the person who's holding a financial instrument, is located on the source document.
4. in the LCD participants organize accounting for financial instruments and organised settlements for the settlement of financial instruments 4.1 LCD members sorted in accounting of financial instruments: financial instruments 4.1.1. ensuring the right of the owner;
4.1.2. provide a person holding a financial instrument accounting.
4.2. the participant in the LCD of financial instruments sorted accounting principles are: 4.2.1. justification document need — each operation with the financial instruments and the accounting records made records only to the source document. Each Member of the LCD justification documents shall be kept for at least 10 years;
4.2.2. the double record: each operation with financial instruments in each case with the entries in the two financial instruments accounts. One entry will be one account side, the other for another account on the credit side. Entries shall be made in both accounts simultaneously, and both accounts shall be made on the same posting financial instruments;
4.2.3. financial instruments the property rights registration, any operations that create or change rights to financial instruments booked in the financial instruments account on the LCD with the same participants posting date on which the operation was posted to LCD LCD. operator is responsible for the provision of financial instruments and entry of the receipt of the source document. Only on the basis of the justification made entries in the financial instruments accounts provide property rights to financial instruments;
4.2.4. financial instruments and cash settlement accounts — financial instrument for delivery against payment (delivery versus payment-DVP), each with a cash settlement-related record in the financial instruments account līdzejoš is made with posts in the money in the account;
4.2.5. fungible financial instruments a set of separate accounts — financial instruments accounted for separately by the kind of financial instruments;
4.2.6. financial instrument accounting grouping — LCD members accounting for financial instruments and the offset account for LCD: 4.2.6.1. the separate LCD customer and participant holding financial instruments,

4.2.6.2. The LCD of the same member owned financial instruments, 4.2.6.3. the other LCD members of financial instruments accounting, attendees separate the LCD, the LCD is entitled 4.2.6.4 harmonisation. other LCD rules impose additional requirements on the accounting of financial instruments in the Group;
4.2.7. minimum account plans — each Member shall follow the account the LCD plan prescribed by these regulations. Use the chart of accounts shall be governed by the other LCD. LCD members, if necessary, can supplement the minimum account plan. Minimum account plan, which must be observed by all participants, the LCD listing financial instruments, consists of three subgroups of groups with the account: 1. Group: the individual accounts: account sub-group 1.1: a personal account of financial instruments;
1.2. account: the individual sub-group burdened the financial instruments accounts;
2. Group: liaison with the LCD financial instruments account: 2.1. account, with the subgroup on LCD liaison accounts;
2.2. account subgroup — financial instruments operations LCD, 3. Group: other accounts: account sub-group 3.1 — outstanding operation of accounts: 3.1.1. unallocated financial instruments;
3.1.2. operations involving financial instruments;
3.1.3. financial instruments in the delayed payments;
3.1.4. the examination of existing financial instruments;
3.2. the account of different sub-groups-error account;
4.2.8. the accounting document retention — all members of the financial instruments LCD accounting records shall be kept for at least 10 years.
4.3 LCD members sort of financial instrument accounting framework are: 4.3.1. operation journal;
4.3.2. the balance;
4.3.3. the main book.
4.4. each participant sorts operation LCD log and registers all the operations of the financial instrument. LCD, sorting operations journal, noted that: 4.4.1. separate them by a set of financial instruments of the kind;
4.4.2. This can be broken down by type of operation;
4.4.3. entries in it, pointing it out, made on the source document;
4.4.4. it captures each with financial instruments operations;
4.4.5. the entries made therein in chronological order;
4.4.6. entries in the accounts shall be made on the date;
4.4.7. it indicates: (a) the name and code of the operation);
(b) participating in operation) financial instrument ISIN code;
(c)) the financial instruments involved in the operation;
d) account from which financial instruments are written (a debit);
e) account where the financial instruments are credited (credit account);
(f) the number of the operation);
(g) the date of the operation).
4.5. each participant shall ensure the LCD and the balance sheet financial instruments reflect the debit and credit accounts. LCD, the balance sheet, the sort that: 4.5.1. it shows the number of financial instruments, debit and credit accounts in the accounts;
4.5.2. it always reflects the balance between debit and credit accounts (financial instrument for the number of debit accounts must match the total number of credit accounts);
4.5.3. to prepare for each day it has carried out operations with financial instruments;
4.5.4. each of the fungible financial instruments shall be separately;
4.5.5. the owner for each category of financial instrument (a member of customer property in the LCD and holding financial instruments, LCD players holding the same financial instruments, etc.) are prepared separately.
4.6. LCD participant organizes financial instruments the main book, which is registered in all the financial instruments account, which the accounting of the LCD. LCD, the main book, the sort that: 4.6.1. the account for each financial instrument and each fungible financial instruments to create a separate set of accounting records;
4.6.2. accounting records shall show the quantity of financial instruments account at the beginning of each period;
4.6.3. the accounting register shall record each with financial instruments operations or transactions during the period, indicating: (a) the name and code of the operation);
(b) participating in operation) financial instrument ISIN code;
(c)) the financial instruments involved in the operation;
d) account from which financial instruments are written (debit account);
e) account where the financial instruments are credited (credit account);
(f) the number of the operation);
(g) the date of the operation);
4.6.4. all operations or transactions with financial instruments in the period listed in chronological order;
4.6.5. the end of the period the amount of the financial instruments accounts;
4.6.6. financial instrument quantity debit accounts total is equal to the quantity of financial instruments credit accounts.
4.7. General financial instruments accounting and billing requirements for each participant: 4.6.1 LCD LCD participant described their financial instruments accounting and settlement organization. The LCD is entitled to request the participant to submit the following LCD description, and also check if the LCD is working participants in accordance with this schedule;
4.7.2. LCD participant provides all the owners of financial instruments and their order information privacy;
4.7.3. LCD Member, regardless of claims to the customer, is responsible for the delivery of financial instruments of payment (delivery versus payment-DVP) settlement of payments in the given term;
4.7.4. LCD participant without the consent of the owner of a financial instrument may not use their financial instruments belonging to the settlement or on behalf of third parties;
4.7.5. receiving a task from the owner of the financial instrument, the Member registers the LCD the date of receipt and verify the accuracy of this task;
4.7.6. the following financial instruments shall be issued, at the request of the owners of the document certifying the property right in financial instruments;
4.7.7. LCD participant shall ensure that all client accounts and the financial instruments financial instruments operations everything centralized record keeping. LCD participants are not entitled to open the corresponding financial instruments account for your offices;
4.7.8. LCD participant account in financial instruments, the following characterization of five parameters: ISIN code 4.7.8.1., participant code 4.7.8.2. LCD, 4.7.8.3. activity code 4.7.8.4. the account code, account number 4.7.8.5. a participant's account in accordance with the plan of the LCD.
4.8. requirements of the participant: 4.8.1 LCD employees. at least two members of staff have the LCD the LCD professional certificates;
4.8.2. LCD participant determines which unit and its staff are responsible for accounting for financial instruments and the related accounting;
4.8.3. LCD members has developed a description of the financial intermediary unit carrying out the financial instruments account opening, keeping and room service. This description reflects the LCD participants schematic employee accounting of financial instruments and the related accounting and responsibility sharing of responsibilities, as well as employees who are entitled to make entries in the accounts of the financial instruments (the operation journal and the main book);
4.8.4. LCD is entitled to request the participant to produce LCD 4.8.3. the description referred to in paragraph 1, as well as check if the LCD is working participants in accordance with this schedule.
4.9. technical requirements for participants: 4.9.1. LCD LCD participant organizes the data processing system, which provides the financial instruments accounting and billing associated with them in accordance with these and other LCD;
4.9.2. minimum requirements for automated data processing systems, their technical features, as well as data types and formats determined by the Regulation No 11 LCD "for data exchange";
4.9.3 LCD participant develop financial instruments accounting and billing software used;
4.9.4. LCD participant shall ensure the safety of the data processing, as well as prevents unauthorized access to financial instruments accounting data, developing a description of the financial instruments accounting and billing database protection;
4.9.5. The LCD is entitled to request the participant to produce LCD 4.9.3 – 4.9.4. the descriptions referred to in paragraph 1, as well as to check that the LCD operates in accordance with the participants in these descriptions.
4.10. the internal control (audit): 4.10.1. LCD LCD participant participant develop a description of the financial instruments and the settlement of internal control (audit);
4.10.2. LCD participant shall make the necessary internal control measures for customer owned financial instruments for security, on the basis of the documents referred to in point 4.10.1;
4.10.3. LCD participant shall take current and sudden, as well as the financial instruments accounting and billing details documentary. The audit shall be made to check compliance with the financial instruments accounting rules and the LCD the LCD participants of financial instruments accounting and settlement. For each financial instrument accounting audit documentary will inform the participant management; the LCD
4.10.4. The LCD is entitled to consult the members of the financial instruments LCD accounting and settlement of internal control (audit) audit results;
' 4.10.5. LCD is entitled to request the participant to produce LCD 4.10.1. the description referred to in paragraph 1, as well as check if the LCD is working participants in accordance with this schedule.
4.11. Minimum requirements for LCD Member, opening accounts in financial instruments financial instruments owners and keepers: 4.11.1 to proprietor of financial instruments in the financial instruments account open, he needs to conclude a written agreement on financial instrument account opening and service with LCD members;

4.11.2. before the agreement on the financial instrument account opening and service of the order or perform an operation on financial instruments making LCD participant check: 4.11.2.1. financial instruments account openers or order the applicant's identity;
4.11.2.2. financial instruments account openers or order the applicant's personal capacity;
4.11.2.3. feasibility and legality of the order;
4.11.2.4. LCD participant is solely responsible for verification of the data.
4.12. The agreement on financial instrument account opening and service required: 4. account holder's properties (for a natural person: name, surname and personal code, or other identification number, legal person — name, registration number and date of registration in the register of companies);
4.12.2. account holder's address;
4.12.3. or account open registration of ownership of financial instruments or it will be used as nominal account;
4.12.4. LCD participant's obligations and rights;
4.12.5. account holder's obligations and rights;
4.12.6. property rights to financial instruments registration procedures;
4.12.7. property rights to financial instruments of receipt of order confirmation;
4.12.8. settlement procedures for transactions with financial instruments;
4.12.9. LCD participants and the account holder's mutual settlement arrangements;
4.12.10. information and task and referral form, means and time limits that apply to the account service;
4.12.11. financial instrument events service;
4.12.12. account maintenance fee.
4.13 the information LCD participant shall ensure the owner of the financial instrument: 4.13.1. LCD participant for each day that made one or more operations with financial instruments, prepare account statements, which is precisely reflected in the operations. Account statement issued by a member of the LCD the financial instrument to the holder upon request;
4.13.2. at the end of the calendar year, LCD participant 30 days or prepare for the issue at the request of the holder of the financial instrument of the communication on financial instruments portfolio position on the last day of the year;
4.13.3. at the request of the holder of the financial instruments issued by the participants of the LCD information about financial instruments account, account statement and portfolio of financial instruments;
4.13.4. booking of financial instruments a receipt, as well as other documents issued on the booking of financial instruments, shall not be considered as financial instruments;
4.13.5. the minimum information, which you specify in the account statement: 4.13.5.1. LCD members properties (name, registration number and the date of registration in the register of companies);
4.13.5.2. account holder's properties (for a natural person: name, surname and personal code, or other identification number, legal person — name, registration number and date of registration in the register of companies);
4.13.5.3. account holder's address;
4.13.5.4. account number;
4.13.5.5. the period for which the account statement issued;
4.13.5.6. date on which the statement is issued;
4.13.5.7. the persons responsible for the participants in the LCD authorization (signatures);
4.13.5.8. each fungible financial instruments the financial instruments account in the amount of the beginning of the period;
4.13.5.9. the price of financial instruments, if available;
4.13.5.10. each with financial instruments operations or transactions during the period, indicating the chronological order of: (a) the name and code of the operation);
(b) participating in operation) financial instrument ISIN code;
(c)) the financial instruments involved in the operation;
d) account from which financial instruments are written (debit account);
e) account where the financial instruments are credited (credit account);
(f) the number of the operation);
(g) the date of the operation);
4.13.5.11. each fungible financial instruments a financial instrument quantity account at the end of the period;
4.13.6. minimum information specified in the notice of financial instruments portfolio position: member property 4.13.6.1. LCD (name, registration number and the date of registration in the register of companies);
4.13.6.2. account holder's properties (for a natural person: name, surname and personal code, or other identification number, legal person — name, registration number and date of registration in the register of companies);
4.13.6.3. account holder's address;
4.13.6.4. account number;
4.13.6.5. date on which the account statement issued;
4.13.6.6. date on which the statement is issued;
4.13.6.7. the persons responsible for the participants in the LCD authorization (signature);
4.13.6.8. each fungible financial instruments in the financial instruments account for the quantity of the specified date.
4.13.6.9. the price of financial instruments, if available;
4.13.7. LCD members shall inform the holder of the financial instrument for all financial instruments events, as well as of the facts and circumstances relating to the ownership or possession of the existing financial instruments;
4.13.8. at the request of the holders of financial instruments issued by the LCD participants property supporting document for a specific time period in which operations with these financial instruments are not performed (the financial instruments account being blocked). This document can be used to enforce a separate financial instrument events (including using the voting rights in the general meeting), but it is not considered a financial instrument.
4.14. The entry arrangements for financial instruments accounts you open to members: 4.14.1. LCD any financial instrument movement associated with the entry of the owner's financial instruments account, can be done only with the owner of the financial instrument or its authorized persons order, except when a member right LCD errors or when certain other regulations agenda;
4.14.2. the document which authorizes the purchase or sale of financial instruments constitute prior agreement to make the records of the holder of a financial instrument, and this accounts for the purpose of recording without the need for additional consent.
5. LCD sort of accounting for financial instruments and organised settlements for the settlement of financial instruments financial instruments account 5.1 LCD open to all participants in the issuer's status LCD and LCD participants: 5.1.1 the participant status of the issuer in the LCD the LCD open account of emissions;
5.1.2. LCD LCD members open offset accounts. Each of the fungible financial instruments, which lists the LCD, the LCD opens a separate balancing accounts;
5.1.3. the financial instruments account LCD featuring four parameters: 5.1.3.1. ISIN code;
5.1.3.2. LCD members code;
5.1.3.3. activity code;
5.1.3.4. account code;
5.1.4. LCD rules No 11 "for the exchange of data" is defined in the financial instruments account details and their parameters, and use.
5.2. LCD posted financial instrument movement may take place only in the form of posting between financial instruments account for an LCD. 5.3 LCD make postings after verifying operations and the amount of the financial instruments account is debited.
5.4. The LCD the following financial instrument transfer instructions (operations): 5.4.1. ordinary (non) transfers of financial instruments;
5.4.2. financial instrument delivery against payment (delivery versus payment-DVP) market order in the event of the organiser;
5.4.3. the supply of financial instruments of payment (delivery versus payment-DVP) member of the order of the LCD;
5.4.4. the event of financial instruments financial instruments relating to the implementation of credit transfer;
5.4.5. bug fixes.
5.5 LCD controls the cash settlement, where, according to the market Organizer or participant orders must be the LCD provides the supply of financial instruments of payment (delivery versus payment-DVP).
5.6. financial instruments By delivery against payment (delivery versus payment-DVP) task, the current day LCD block settlement required the number of financial instruments LCD members offset account LCD and LCD and its tasks on behalf of a participant in the payment order the money settlement of choice for LCD bank transactions in financial instruments accounting. Following the confirmation of the receipt of payment of money from the cash settlement bank financial instruments LCD transfers the entries to the financial instruments accounts.
5.7. If the financial instrument for the delivery of payment (delivery versus payment-DVP) settlement, there is not enough money or financial instruments, deferred or cancelled operations to LCD need cash or financial instruments.
5.8. the sort of financial instrument LCD accounting principles: 5.8.1 LCD the LCD is responsible for all financial instruments accounting records;
5.8.2. for each kind of instrument LCD keep separate accounting;
5.8.3. entries shall be made on account of emissions to the issuer the written LCD order basis;
5.8.4. LCD participant records financial instruments offset accounts shall be made on the LCD: LCD order participants 5.8.4.1.;
5.8.4.2. organizer of the market order;
5.8.4.3. to order a basic LCD error correction, and the financial instrument for the event;
5.8.5. LCD followed the principle of double entry bookkeeping, debit side of account records issued by emission of derivatives total emissions — the kind of financial instrument total, but the credit side lists the LCD corresponding member accounts LCD existing atvietojamo financial instruments;

5.8.6. The LCD to the posted financial instruments not illegal emissions of a number of financial instruments gain or loss;
5.8.7. at the end of each day, as occurred in the operation with derivatives of the kind set of financial instruments, must match the following balances: 5.8.7.1. LCD accounting — between the number of fungible financial instruments the financial instruments in question set emissions account (debit) and the number of financial instruments of the same kind of financial instruments offset accounts of members of the LCD (credit);
5.8.7.2. LCD and LCD members, between the number of financial instruments LCD members offset account LCD and the number of financial instruments with the offset account in the LCD the LCD participants accounting;
5.8.7.3. LCD members accounting — between the number of fungible financial instruments financial instruments offset accounts LCD and the number of fungible financial instruments financial instruments financial instruments and nominal holders accounts;
5.8.8. LCD LCD members monitoring carried out under the LCD rules "on the LCD participants";
5.8.9. LCD prepare account statements for each day the participants the LCD when the operation took place with the financial instruments and the results of these operations are done records LCD members offset account.
6. Direct opening and keeping of accounts 6.1. LCD is entitled to open and hold direct accounts. LCD direct accounts booked financial instruments, which are not governed by the laws of the records.
6.2. for financial instruments, which are not governed by the laws of the records and posted direct accounts listed in the LCD, it shall be subject to an agreement, concluded between the LCD and the issuer of the financial instrument on the issue of financial instruments posted LCD. 6.3. Agreement, concluded between the LCD and the issuers of financial instruments on the financial instruments accounting of emissions must be made directly to the account of the LCD, hold and closing conditions, as well as the order in which the LCD performs operations with financial instruments, direct accounts.
6.4. Direct account opening, and closing, keeping as far as possible, the LCD, which comply with the requirements of these provisions and the provisions laid down in other LCD LCD members.
7. LCD posted accounting for financial instruments foreign central depository or settlement of financial instruments in an organizing organization 7.1. To ensure the LCD posted financial instrument accounting foreign central depository or settlement of financial instruments "organizing entities, LCD has the right to open the nominal account foreign central depository or settlement of financial instruments an organizing body, concluding the contract. On the conclusion of such a contract shall immediately notify LCD LCD members, regulated market organizers and the Commission.
7.2 foreign central depository or settlement of financial instruments in its organizing body of financial instrument accounting system open account that corresponded with foreign central depository or settlement of financial instruments, the body organizing the nominal account open LCD and listing the financial instruments received from LCD. 7.3 detailed accounting of financial instruments and accounting procedures as well as the financial instrument events execution steps down the agreement, concluded between the LCD and the foreign central depository or settlement of financial instruments an organizing organization.
8. the original register 8.1. SR if: 8.1.1. create the investor is allowed to purchase financial instruments the original or secondary market of financial instruments financial instruments without opening an account (for example, by participating in the privatizējam company (the company) shares in a public offer for privatisation certificates);
8.1.2. where a financial instrument in which financial instruments are not publicly traded and has completed initial distribution, the converted financial instruments in which financial instruments are traded and where the public transformation while investors who own financial instruments the financial instruments are not open accounts.
8.2. the accounting of financial instruments financial instruments therefore launched the SR issue has been posted.
8.3. SRI persons entitled to financial instruments. Financial instruments carried at SRI, until SR listed financial instruments in the financial instruments of the dereģistr account, which opened at the LCD. participants With the de-registration is derived from property rights to financial instruments. The financial instrument for the transfer of funds between accounts SR is not allowed.
8.4. SR. Organizer is: 8.4.1. issuers of financial instruments. In this case, at least one of the issuers of financial instruments inform the employee must pass a qualifying exam and the LCD gets LCD, as well as the certificate in professional financial instruments of the issuer are to be accepted for technical support for the LCD to sort the SR;
8.4.2. the issuer's agent, which can be: 8.4.2.1. LCD, a co-operation agreement with the issuer relating to the financial instruments the financial instruments issued by SRI sort;
8.4.2.2. LCD, a co-operation agreement with the issuer relating to the financial instruments the financial instruments issued by SRI.
8.5. the organizer shall carry the SR SR in accordance with provisions pursuant to the LCD the LCD participants requirements as far as possible. The LCD is entitled to establish separate procedures, which are binding for all SR sorter.
8.6. If during the financial instruments accounting SR, is executed in the event of financial instruments and their performance is tied to money, including money sorter for the SR, which due to the person whose financial instruments are listed in the special account of the SR in the SR organizer can not be used for other purposes. The accumulated money in financial instruments the owner receives after the de-registration.
8.7. the De-registration procedure are laid down in the rules of the LCD No 10 "de-registration of financial instruments".
9. Financial instrument for the implementation of the event 9.1. LCD provides mandatory financial instrument events performance LCD posted financial instruments that the Republic of Latvia is located in the public market.
9.2. at the request of the issuer of the financial instrument the LCD can provide event execution LCD posted financial instruments that the Republic of Latvia is not publicly traded.
9.3. the LCD provides implementation of financial instruments LCD posted outside the Republic of Latvia issued dematerialised financial instruments, which are entered in the financial instruments account LCD foreign central depository or settlement of financial instruments for an organizing organization, if the financial instrument for the implementation of the event for which the cooperation agreement concluded with foreign LCD central depository or settlement of financial instruments an organizing organization.
9.4. upon the request of the investor, the LCD can provide the financial instrument for the implementation of events posted in a physical form of LCD released outside the Republic of Latvia of issued financial instruments before posting, if the LCD is handling operations involving immobilized investors have an LCD from a necessary powers of financial instrument events.
5.9. LCD other arrangements may provide a separate financial instrument events detailed implementing provisions.
9.6. in the event of financial instruments can be: 9.6.1. associated with financial instruments;
9.6.2. related to money;
9.6.3. related both to financial instruments and money;
9.6.4. not linked to financial instruments, not with money.
9.7. Common financial instruments events are: 9.7.1. convening the shareholders ' meeting;
9.7.2. dividend, interest cost;
9.7.3. deletion of debt securities;
9.7.4. nominal value of financial instruments;
9.7.5. financial instrument combining emissions;
9.7.6. financial instruments Division of emissions;
9.7.7. issuance of the right.
9.8. Financial instruments of the issuer must notify in writing the LCD about prospective financial instruments events and provide LCD necessary information financial instruments execution of the event at least 10 working days before the first steps that the LCD should be carried out in the event of financial instruments.
9.9. If the issuer of a financial instrument LCD has provided incomplete or inaccurate information in the event of financial instruments, LCD has the right to refuse to execute the event of financial instruments, by written notification to the issuers of financial instruments.
9.10. Financial instruments execution of events, issuing the LCD participants addressed orders and/or making records the offset accounts.
9.11. LCD members have issued orders binding on the LCD of the financial instruments and the event participants are obliged the following LCD instructions execute.
9.12. LCD open necessary financial instruments and cash accounts that are used in the event of financial instruments.
9.13. Of events resulting in financial instruments for the realisation of the rights of specific rights to open the LCD sales accounts, according to participants in the LCD financial instrument quantity it offset accounts.
9.14. where financial instruments execution of events is an optional character, financial instruments events marketed on the basis of the financial instrument for the owner of the order were collected by LCD members. To the realization of such financial instruments events, are used to comply with the law and the financial instruments account.

9. Financial instruments events due differences, and financial instruments: 9.15.1. name the issuers of financial instruments is entitled to find out all of their emissions to the owners of financial instruments at any moment;
9.15.2. bearer financial instruments issuer is entitled to find out their emissions only financial instruments owners who want it and when they want (such as myself has been blocked from financial instruments belonging to participate and vote for the owners ' meeting);
9.15.3. Regulation No 7 LCD "concerning the financial instrument for the identification of the owner" shall determine the detailed arrangements for the financial instruments of the issuer is entitled to find out their emissions financial instruments owners.
10. final provisions 10.1. provisions shall enter into force on the day following their publication in the newspaper "journal".
10.2. With the entry into force of these regulations shall lapse LCD 16 June 1995 instruction No. 2 "the issuance of financial instruments recorded" and changes made in 1996 of 5 September and 28 October 1998.

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