ue to implementation of T2S Change Request T2S_0691_URD a new parameter for automatic cancellation shall be applied to all matched settlement instructions in T2S from 5 October 2020, when the value of this parameter will be changed from unlimited period to 60 business days. Similar automatic local cancelation of instructions has already been applied to instructions not matched during 20 business days. By this change the automatic cancellation will be expanded also to the matched instructions. Read full Announcement HERE
CDCP SR: issuers do not fulfil their legal obligations
According to the valid legislation, each issuer shall cancel an issue of securities immediately after its redemption. Specifically, the issuers has obligation to send such