Creation Link Guide - Norway

22.04.2015

Key features

Yes/NoRemarks
Settlement free of paymentYes 
Settlement against paymentYesEligible settlement currency: Norwegian Krone (NOK).
Bridge settlementYes 
Shaping facilityNo 
Partial settlementNo 
Settlement penalty feesNo 
Pre-matchingYesAutomated through VPS.
Back-to-back processingYesB2B available for all equities and dematerialised bonds eligible in the Norwegian market.
AllegementsYes 
Automatic compensationNo 
Registered securitiesYes 
Multi Market SecuritiesYes 
Lending and borrowingYesNorwegian debt securities only, equities are not eligible.
Proxy votingYes 
Investment FundsNo 
Liquidity Hub ConnectNo 
Sale and purchase of rightsYes 
Repo servicesYes 
Market restrictionsYesNo equities that are beneficially owned by Norwegian individual residents can be held through CBL account. 
FTTNo 
FATCA GIINYesHHCOGH.00000.LE.578
Type of linkCSD or settlement method
Direct link to Vaerdipapircentralen ASA (VPS ASA) operated by DNB Bank ASA, OsloVaerdipapircentralen ASA (VPS ASA)