Creation Link Guide - Cyprus


Key features

Settlement in T2SNo
Settlement free of paymentYes  
Settlement against paymentYesEligible settlement currency: Euro (EUR).
Bridge settlementNo 
Shaping facilityNo 
Partial settlementNo 
Settlement penalty feesNo 
Pre-matchingYesImmediate release flag.
Back-to-back processingNo 
Bilateral cancellationYesOn matched instructions
Automatic compensationYes 
Registered securitiesYesRegistration takes place automatically upon settlement.
Multi Market SecuritiesNo 
CBL lending and borrowing and collateral management servicesYes 
Proxy votingYes 
Investment FundsNo 
Liquidity Hub ConnectNo 
Sale and purchase of rightsNo 
Market restrictionsYesCustomers are not allowed to hold Cypriot financial instruments in CBL for underlying beneficial owners that are Cypriot residents or legal entities that are incorporated in Cyprus.
FATCA GIINYesCitibank Europe Plc Greece branch: NXUTG8.00382.BR.300


Type of linkCSD or settlement method
Indirect link via Citibank Europe Plc Greece Branch. aThe Central Depository and Central Registry (CDCR) is the Cypriot CSD.

a. Citibank Europe Plc Greece Branch is hereinafter referred to as Citibank, Athens.