Group structure
VP SERVICES, VPMEX and VP LUX are all wholly owned subsidiaries of VP SECURITIES.
VP delivers solutions and know-how to the financial sector and limited companies within securities and investor administration. VP also carries out special law regulated activities that lies within the authorisation of a CSD, i.e. book-enter, clearing and settlement of securities.
Subsidiaries:
VP SERVICES handles a number of service related activities for VP that are not regulated by law, i.e. investor relations services. The company also operates under the secundary name VP IIVESTOR SERVICES. VP SERVICES is established with a share capital of DKK 50 million and a net capital of DKK 100 million.
VPMEX handles activities regarding the export of Danish mortgage solution system to Mexico. The system is based on solutions and know-how from both Totalkredit and VP. VPMEX has established a joint venture with Geomex, a company in the George Soros group. The joint venture is called Absalon and has fifty-fifty ownership.
VP LUX operates as a Central Securities Depository (CSD) in Luxembourg covering needs of both local customers in Luxembourg and Danish customers with need for issuing Euro bonds. VP Lux was established in 2008 to make it less costly for Danish banks and mortgage banks to finance operations in the Euro-zone. Read more about VP LUX here.
Joint venture:
Link Up Markets is a cooperation between 7 leading European Central Securities Depositories (CSDs), which will improve post-trade efficiency and reduce cost for cross-border securities transactions in Europe. The 7 partners represent 50% of the European securities market. Read more about Link Up Market. |
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| For further information please do not hesitate to contact us on +45 4358 8888 or write to us.
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Investor Services
shareholders
Clearing and settlement
Sanctions on missing
Customer information
