Entitlement Compensation Rules - Taiwan

19.09.2014

International (Foreign Currency Denominated) bonds

Market compensation basis:Settlement Date
Automatic Compensation Managed by Local CSD:No
Restriction on custody events/transaction types:No restriction
Additional information:
There is generally no market compensation as the local CSD will provide the complete list of holdings to the paying agent.

Any claim must be arranged directly between the CBL customer and their domestic counterparty.
Service offered by CBL:Adjustment is performed based on information received from the depository.