CSDR penalties: April 2022 schedule impacts due to Easter holidays - reminder
LuxCSD1 informs customers of the following information in relation to the processing schedule for CSDR penalties in
April 2022.
Due to the Easter holidays, the penalties processing in relation to CSDR settlement fails from March 2022 will follow a special calendar in some instances, that is, some processes will be preponedfor T2S penalties.
| Customer appeals period end | Monthly penalties reporting | Penalties paymenta |
T2S penalties | Tuesday, 12 April 2022 (preponed from 14 April 22) | Wednesday, 20 April 2022 (preponed from 22 April 22) | Monday, 25 April 2022 (unchanged) |
a. For the markets Lithuania, Latvia, Estonia, the local CSD (NASDAQ) will perform the payment on 27 April 2022.
For all markets, independent from the local CSDs' individual approaches, LuxCSD will generate the LuxCSD internal PFoDs for its customers with trade date 21 April and settlement date 25 April 2022.
Further information
For further information, please contact Customer Service or your Relationship Officer.
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1. LuxCSD refers to LuxCSD S.A., registered office at 42, Avenue J.F. Kennedy, L-1855 Luxembourg, registered with the Luxembourg Trade and Companies Register under number B-154.449.