CFF accepts investment fund shares with transfer restrictions
Effective
immediately
investment fund shares with transfer restrictions may be accepted in the Central Facility for Funds (CFF), increasing the funds that Clearstream Banking1 customers can trade in via Vestima.
If the investment fund prospectus so requires, CBL can restrict CFF internal and Bridge transfers of CFF qualified investment fund shares within CBL.
In cases of transfer restrictions applied in CBL’s systems, the transfer agent needs to implement controlled execution of CFF internal transfers as described in the CBL Customer Handbook under section 9.2 CFF Settlement and custody services.
The transfer agent retains the right not to implement such controlled execution, in which case CBL cannot accept the impacted investment fund shares for order routing, settlement or custody.
List of investment fund shares with transfer restrictions
Customers are reminded that a list of investment fund shares with transfer restrictions is maintained as Funds subject to Settlement Restrictions on the Clearstream website under Information Centre / Investment Funds Services / Supported funds.
Further information
For further information, please contact the Clearstream Banking Investment Funds Services Helpdesk:
| Email: | investfunds@clearstream.com |
| Telephone: | +352-243-32833 |
| Fax: | +352-243-632833 |
For more general information regarding Clearstream Banking products and services, customers may contact Customer Service or their Relationship Officer.
1. Clearstream Banking refers to Clearstream Banking, société anonyme, registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Register of Commerce and Companies under number B-9248 (CBL).
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