Other services - Iceland

05.02.2021

Disclosure requirements

Please refer to the Disclosure Requirements - Iceland.

Holding restrictions

Positions held in Icelandic non-taxable debt securities by LuxCSD customers, may onlly be held by the following:

  • Non-resident beneficial owners; and
  • LuxCSD customers that are Icelandic intermediary banks complying with Article 3.2 of Act no. 94/1996; or
  • Icelandic resident beneficial owners, if held via a LuxCSD customer, that is, an Icelandic intermediary bank complying with Article 3.2 of Act no. 94/1996.

Positions that are held on behalf of Icelandic beneficial owners, may not be held via LuxCSD in any other cases.

For further information, please refer to the Investment regulation section of the Market Profile (Iceland).

Foreign exchange

Foreign exchange services for ISK are currently unavailable.

Tax services

Customers wishing to invest in Icelandic securities, via LuxCSD, should contact their relationship manager for further information.