EUROPEAN UNION: Iberclear Receives Authorization to Provide Services to Issuers Under the Legislation of Other EU Countries

Thursday December 12 2024

On 11^th December 2024, Iberclear, the Spanish Central Securities Depository announced that it had obtained the European passport for the provision of initial registration and securities account maintenance services for non-equity securities issued under the laws of France, Germany, Luxembourg, the Netherlands and Austria. This passport is in addition to the one it already held for the provision of these services under UK law. 

Iberclear is authorized to provide these services in respect of non-equity securities such as bonds, warrants and other structured products, commercial papers or exchange-traded funds, in accordance with CSDR regulations. 

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