T2S migration of LuxCSD postponed to 6 February 2017
The migration of LuxCSD has been postponed from 16 September 2016 to 6 February 2017. LuxCSD will therefore adjust the schedule of its operational and market readiness activities and will keep customers updated on further developments in a timely manner.
This change to the T2S migration schedule was announced by the T2S CSD Steering Group (CSG) on 10 December 2015 in response to Euroclear's need for a later migration of the ESES CSDs. The revised migration plan is scheduled for final endorsement by the ECB Governing Council in February 2016.
Independently of the T2S schedule, LuxCSD will remain aligned with the Clearstream roll-out of harmonised services across all asset classes.