Resolution No 1K-5 of 5 March 2009 of the Securities Commission of the Republic of Lithuania Amending and Supplementing the Rules on Submitting the Transaction Data to the Securities Commission, Approved by the Resolution No 1K-31 of 25 October 2007 of the Securities Commission of the Republic of Lithuania (Official Gazette (Valstybės Žinios), No 281137).
The Resolution extended the term until which Lithuanian based financial broker companies, credit entities and other undertakings, which meet the requirements imposed on mediators, must file the data on particular transactions (the time is extended by two hours, i.e. the data must be filed no later than until 16:00 PM of the next trade day after the registering of the transaction). Concerning the previously mentioned amendment, if a mediator notices an error in the already filed data on transactions, he must immediately, but no later than until 16:00 PM of the next trade day, correct the data error.
The Resolution additionally imposed a responsibility on the mediator to immediately e-mail the Securities Commission of the Republic of Lithuania in case a report of data accepting has not been sent in one hour time after its filing. A liability to inform the Securities Commission is also imposed on the mediators in cases when technical dysfunctions of data on securities collection, transmission and trade monitoring information systems appear.