CPMI IOSCO Report
The Danish Central Bank and the Danish Financial Supervisory Authority base their oversight and assessment of VP on 24 principles from CPMI-IOSCO, which is the global cooperation between central banks and the International Organization of Securities Commissions.
The CPMI-IOSCO principles comprise international standards for central securities depositories and set the standard for inter alia organisation, risk management, settlement, access and transparency.
You can read the overall assessment and conclution on VP's compliance with the CPMI.IOSCO principals on the Danish Central Banks website . See link below.
VP has published a report in which we review the individual principles in detail. You can read our CPMI-IOSCO report below.
Assessment
The Danish Central Bank and the Danish Financial Supervisory Authority, have conducted a joint assessment of VP Securities A/S against the CPMI-IOSCO principles for Financial Market Infrastructures.
CPMI-IOSCO report
In the report from February 2016 the Danish Central Bank and the Danish Financial Supervisory Autorority found 18 of the 24 principles to be relevant for VP. For 14 of the principples VP have received the highest score, and for 4 principles the second-highest score. For the 4 principles with the second-highest score, the Danish Central Bank and the Danish Financial Supervisory Autorority have made a number of recommendations. Afterwards, VP has complied with all such recommendations, see at Danmarks Nationalbank here
Euronext Securities is subject to supervision in accordance with both the European Regulation on central securities depositories and the Danish Act on Capital Markets.