The LuxCSD-Issuer agreement governs the relationship between the two parties regarding the maintenance and reconciliation of the issued outstanding amount for qualifying securities of the Issuer.
It is required once for each programme. With regard to stand-alone issues, the LuxCSD-Issuer agreement must be re-signed at the moment of further issues by the same issuer in case of any material changes since the previously signed version.
The issuer has to sign the LuxCSD-Issuer agreement and send it to this email address: luxCSDcsdteam@luxcsd.com. A Simple Electronic Signature of the issuer is considered sufficient. To create such an electronic signature1, issuers can use one of the following options:
- Use a web-based electronic signing platform (such as DocuSign);
- Print the agreement, sign it in wet ink, scan it and convert it to a PDF file; or
- Paste a scan of the handwritten signature into the electronic version of the agreement.
LuxCSD-Issuer's Agent agreement
The LuxCSD-Issuer's Agent agreement recognises the agent as a qualified LuxCSD Principal Agent (LPA). The primary responsibilities of the LPA are to provide standardised communications (ISO/SMPG standards) and assistance to LuxCSD ensuring timely and accurate processing of the securities.
The agreement must be signed by the agent and is valid until revoked.
The agent can choose one of the following two signing options:
- Sign the document with a Qualified Electronic Signature using a web-based electronic signing platform (such as DocuSign). LuxCSD will generate an email with a link where the signee will be required to go through a face-to-face ID verification. The verification is performed by video through an application called “ID Now”. All parties will receive an electronic copy once the document has been fully signed.
- Sign the document in wet ink and send it to LuxCSD using the address indicated on the agreement.
Agreements should be signed by the party and sent to LuxCSD at the addresses indicated on the agreement.
The LuxCSD Principal Agents can be found under Contacts.
1. For the main statutory legal resources on the use of e-signature please refer to Regulation (EU) No 910/2014 of the European Parliament and of the Council of 23 July 2014 on electronic identification and trust services for electronic transactions in the internal market and repealing Directive 1999/93/EC (eIDAS), the Luxembourg Law of 14 August 2000 on electronic commerce, as amended (E-Commerce Law), the Luxembourg Civil Code (article 1322-1 and following) and the Luxembourg Code of Commerce (article 16).