Finland: Strike announced for 28-29 December 2017


Clearstream Banking was informed by its depository Nordea Bank Finland that the Finnish bank employees declared a strike from 06:00 EET on 28 December 2017 to 23:59 EET on 29 December 2017.

Impact on customers

The CSD Euroclear Finland confirmed that they will provide services as usual and straight-through processing (STP) settlement messages will be expected to settle as usual.

Nordea Bank Finland’s settlement services will remain open for limited operational and client service.

In general, services will be provided on best effort basis by Nordea Bank Finland but cannot be guaranteed for non-STP messages. 

In urgent cases Nordea Bank Finland recommends to contact them via email during the strike.

Clearstream Banking will continue to monitor the situation and will provide further information as it becomes available.

This Marketflash is intended to provide customers with general information gathered from different sources that are generally believed to be reliable. Clearstream Banking S.A. does not guarantee the accuracy or completeness of the information and does not undertake to keep it up to date. Use of the information made available in this Marketflash is at the customer’s own risk and Clearstream Banking S.A., its subsidiaries and affiliates expressly disclaim any liability for any errors or omissions reflected herein. The information in this Marketflash does not constitute legal or tax advice.