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IBERCLEAR LOCAL OFFICE

IBERCLEAR LOCAL OFFICE

Sociedad de Gestión de los Sistemas de Registro, Compensación y Liquidación de Valores, S.A. Unipersonal – operating as IBERCLEAR – is the Spanish Central Securities Depository.

IBERCLEAR is a public limited company created pursuant to article 44 bis of Law 24/1988 of 28 July, introduced by Law 44/2002 of 22 November on the financial system reform measures.

The Barcelona Stock Exchange performs the functions of Iberclear's Local Office. It collaborates in carrying out all those procedures that Iberclear deems appropriate.This local office has been created in accordance with the provisions of article 5 of the Iberclear Organization and Operation Regulations, which establishes the creation of local offices in each of the places where there are Stock Exchanges.

The functions of this Local Office are the following:

  • Respond to the proposed queries or claims that are presented by the adhered entities, members of the market or issuers belonging to the scope of action of the local office.
  • Address to Iberclear any incidents in the processes that may become apparent or the requests or suggestions received.
  • Direct notices, informative notes, instructions, circulars or any other documentation generated by Iberclear to the member entities or issuers assigned to this local office.
  • Direct to said entities and issuers the specific claims that Iberclear wants to make with its intermediation, as well as collaborate in the procedures that these occasions require.

 

 

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