Entitlement Compensation Rules - Cyprus
Bonds
| Market compensation basis: | Settlement date | |
| Automatic Compensation Managed by Local CSD: | Yes | |
| Restriction on custody events/transaction types: | No restriction | |
Additional information: Entitlements are calculated based on settled positions on Record Date. Entitlements are automatically calculated by the CSD for trades with Trade Date on/before Ex-Date that have settled at the CSD by Record Date. | ||
| Service offered by CBL: | Adjustment is performed based on information received from the depository | |
Equities
| Market compensation basis: | Settlement date | |
| Automatic Compensation Managed by Local CSD: | Yes | |
| Restriction on custody events/transaction types: | No restriction | |
| Additional information: Corporate action entitlements are calculated based on settled positions on Record Date. Entitlements are automatically calculated by the CSD for trades with Trade Date on/before Ex-Date that have settled at the CSD by Record Date. | ||
| Service offered by CBL: | Adjustment is performed based on information received from the depository | |