Operational Information
CFCL Market guide – Lithuania
Lithuania CFCL
Reference
Service level
CFCL
Last Updated
24.10.2024
Clearstream Fund Centre (“CFCL”) Market Guides provide key information, in particular in the area of settlement and asset servicing, on each market where CFCL offers a service. In addition, relevant website addresses are indicated, where more detailed information is provided according to specific needs.
Lithuania market guide is split into 5 sections:
General information;
Market infrastructure;
Regulation;
Settlement process and services;
Asset servicing.
Further information can be found in the CFCL Client Handbook and in the Lithuania Tax guide.
Characteristics of the market
- For investment fund securities, Lithuania is a Domestic Market with a CSD link;
- Exchange-Traded Funds (ETFs) are permitted and can be traded within the Lithuanian market.
- Lithuania has adopted the T2S platform for its settlement processes, this initiative helps align Lithuania with the broader European effort to harmonize and streamline securities settlement procedures