Creation Link Guide - Japan - Equities, ETFs and REITs


Key features

Settlement free of paymentYes 
Settlement against paymentYesEligible settlement currency: Japanese Yen (JPY).
Bridge settlementNo 
Shaping facilityNo 
Partial settlementNo 
Settlement penalty feesYesRefer to the Market Profile.
Back-to-back processingYesBook entry equities only.
Automatic compensationNo 
Registered securitiesNo 
Multi Market SecuritiesYesRefer to the Multi Market Securities Guide.
Lending and borrowingNo 
Proxy votingYesNo physical attendance for AGM/EGM.
Investment FundsYesETF only (CBL Internal Settlement).
Liquidity Hub ConnectNo 
Sale and purchase of rightsNo 
Repo servicesYesCBL internal settlement.
Market restrictionsYesRefer to Investment Regulation.
FATCA GIINYes4RI52Y.00000.BR.392
Type of linkCSD or settlement method
Indirect via The Hongkong and Shanghai Banking Corporation Limited, Tokyo.Japan Securities Depository Centre Inc. (JASDEC), Tokyo.