Entitlement Compensation Rules - Cyprus

04.11.2015

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