About Latvian Central Depository

Latvian Central Depository (LCD) is the sole central securities depository in Latvia and administers Latvian publicly issued securities central register. LCD performs safe-custody of securities, clearing and settlement for securities trading and management of corporate actions (payment of dividends and interest), as well as provides other services related to securities.

Latvian Central Depository also keeps the register of numerous non-public joint stock companies, private limited companies and companies' debt securities and keeps initial lists of shareholders for privatized enterprises. Latvian Central Depository administers the state funded pension, i.e. the second pillar of the pension system.

The operations of the Latvian Central Depository are supervised by the Financial and Capital Markets Commission.


Ownership structure:
NASDAQ OMX Riga is a 100% owner of the Latvian Central Depository. Latvian Central Depository is a part of NASDAQ OMX Group, Inc.