Slovak Republic: LuxCSD Investor-CSD link activation for the Slovak market (CDCP) – Update

01.03.2024

Note: This Announcement, originally published on 19 January 2024 and updated on 19 February 2024, has been further amended to update the list (subject to changes) of Slovakian securities impacted by the new link activation on 15 March 2024.

As a next milestone in implementing its enhanced Investor-CSD solution, effective

18 March 2024

LuxCSD1 is pleased to announce the activation of its direct link to Clearstream Banking AG for securities issued by Centrálny depozitár cenných papierov SR (CDCP, the Slovak domestic CSD) eligible for settlement in T2S.

The securities to be eligible for holding in LuxCSD are, but not limited to:

  • Government bonds;
  • Corporate bonds;
  • Listed equities;
  • Ordinary shares;
  • Warrants.

The access to CDCP-eligible securities may require system changes, especially in the areas of asset servicing and connectivity. 

In order to help clients to prepare for the activation, a functional specifications document describing the market specific details concerning eligible assets, settlement, asset servicing and cash management for the CDCP-eligible securities is attached below.

LuxCSD reminds clients that technical specifications related to Swift are available in the Market Link Guide, which will be available on the LuxCSD website in due time.

Further information

For further information, clients may contact LuxCSD Client Services or their 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.