The Luxembourg Stock Exchange (LuxSE) has added a new notarisation function to OAM filings using a decentralised public blockchain provided by Ethereum. This new functionality is active today with no supplementary fees and without any impact on the filing process.
LuxSE enables issuers, or their representatives, to file documents containing “Regulated Information” via an Officially Appointed Mechanism (OAM). OAM is a regulated activity, as referred to in Directive 2004/109/EC of December 2004. Such documents are centrally archived and accessible to the public on the LuxSE website. By introducing blockchain technology into the notarisation function, LuxSE is providing a "digital signature" that will ensure authenticity and proof of existence of all documents filed in the OAM.
Blockchain is a public ledger distributed across thousands of computers around the world. The distributed and immutable nature of blockchain protects documents against tampering and ensures proof of authenticity. By introducing blockchain into its OAM, LuxSE is creating a highly secure and reliable decentralised infrastructure where the public can store and access information over an indefinite period of time.
For more information read the Blockchain FAQs.