Laws and Regulations

Verðbréfamiðstöð Íslands hf. is licensed under Act No. 7/2020 on Central Securities Depositories, Settlement and Electronic Registration of Financial Instruments.

  • Rules of the Icelandic Securities Depository hf.
  • VBM Rules (in English)
  • Regulation on Book-Entry Registration with a Central Securities Depository
  • Act No. 7/2020 on Central Securities Depositories, Settlement and Electronic Registration of Ownership of Financial Instruments
  • Regulation (EU) No 909/2014 of the European Parliament and of the Council on improving securities settlement in the European Union and on central securities depositories
  • Act on the Security of Instructions in Payment Systems and Securities Settlement Systems
  • Rules for the Central Bank of Iceland’s interbank payment system
  • Companies Act
  • Agreement between the Central Bank of Iceland and Verðbréfamiðstöð Íslands on procedures for securities settlement