Väärtpaberiregister

Väärtpaberiregister is an Estonian term that translates to "securities register" in English. It refers to a centralized system that records ownership and transaction details of securities traded within Estonia. This register plays a crucial role in maintaining transparency and integrity in the financial markets.

The primary function of a väärtpaberiregister is to provide an accurate and up-to-date record of who owns which securities, such as stocks and bonds. It tracks all changes in ownership, including initial issuances, transfers, and redemptions. This information is vital for investors, issuers, and regulatory bodies. For investors, it confirms their ownership and provides a basis for receiving dividends or exercising voting rights. For issuers, it helps in managing their shareholder base and fulfilling reporting obligations.

Regulatory authorities utilize the väärtpaberiregister to oversee market activity, prevent fraud, and ensure compliance with financial regulations. The register typically contains details about the type of security, the issuing company, the registered owner, and the number of securities held. Transactions recorded in the register include purchases, sales, and other forms of asset transfer. The maintenance of such a register is usually the responsibility of a central securities depository or a similar financial infrastructure entity. The reliability and security of the väärtpaberiregister are paramount for the smooth functioning of the Estonian capital markets.