Participation Agreement

The customer relationship between VP and our customers is regulated by standard agreements.

The standard Participation Agreement states the services and functions that a customer has access to in the VP system

If you as a company want to issue securities through VP you have to appoint an issuing agent. An issuing agent will have concluded a Participation Agreement with VP allowing the issuing agent it to manage the issuance in the VP system.

The customer relationship between VP and an issuer is regulated by a tri-party standard agreement between the issuer (your company), the issuing agent and VP.




VP's Rule Book

The VP Rule Book consists of 5 parts:

  • Part 1 - Definitions
  • Part 2 - General Terms and Conditions
  • Part 3 - Book-entry Rules
  • Part 4 - Settlement Rules
  • Part 5 - DCP Service Rules

    VP Rule Book

    Legal & Regulations


    +45 5388 8888

    VP is subject to supervision in accordance with both the European Regulation on central securities depositories and the Danish Act on Capital Markets.

    - Legal & Regulations, VP