Creation Link Guide - Czech Republic


Key features

Settlement free of paymentYes 
Settlement against paymentYes 
Bridge settlementYesexcept exchange traded funds and
CSD-eligible open-ended funds
Shaping facilityNo  
Partial settlementNo  
Settlement penalty feesNo  
Back-to-back processingYes 
Automatic compensationNo  
Registered securitiesNo Equities are mostly bearer. But there could be some registered equities when the issuers may decide to re-materialise the shares through a corporate action. Customers will be notified accordingly.
Multi Market SecuritiesYesMultilisted securities exist in the market; these are held by the local CSD on their account with CBL.
Lending and borrowingYes 
Proxy votingYes 
Investment FundsYesExchange traded funds
CSD-eligible open-ended funds
Liquidity Hub ConnectNo  
Sale and purchase of rightsNo  
Repo servicesNo  
Market restrictionsNo
FATCA GIINYes938A8A.00069.ME.203
Miscellaneous No
Type of linkCSD or settlement method
Direct link to CSD Prague operated by UniCredit Bank Czech Republic and Slovakia, a.s.CSD Prague
Indirect link for CNB via UniCredit Bank Czech Republic and Slovakia, a.s.SKD system at the Czech National Bank (CNB)