Denmark: Transaction settlement update

08.11.2018

The Danish market is still experiencing some settlement delays.

A task force has been set up by VP Securities, Danske Bank, Nordea and SEB to address the current issues.

In order to allow the settlement of transactions with an intended settlement date prior to the T2S migration (which remained unsettled due to T2S not supporting back valuation), the task force has agreed to amend the intended value date to 31 October 2018.

Customers do not need to take any action.

Further information

For further information, please do not hesitate to contact Clearstream Banking Client Services or your Relationship Officer.

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