OneClearstream migration to Monte Titoli

12.01.2018

Please note that the attached PDF was updated on 12 January 2018.

Following Clearstream Banking’s 1 announcement A17129 of 28 September 2017, and effective

26 March 2018

Clearstream Banking will deposit and settle Monte Titoli T2S eligible assets with Clearstream Banking AG (CBF) in order to enable future OneClearstream service upgrades. 

This forms part of our ongoing efforts to harmonise our services allowing customers to benefit from advantages across multiple areas of our business. 

Clearstream Banking will access Monte Titoli for settlement in T2S via CBF as follows: 

Country

CSD

Type of link

Securities eligible

Italy

Monte Titoli

Relayed link via Clearstream Banking AG, Frankfurt (All T2S eligible assets) to Monte Titoli

Fixed Income and Equities eligible in Monte Titoli

Clearstream Banking will continue to use IntesaSanPaolo for non-T2S eligible assets. Those non-T2S assets will therefore not be migrated to CBF.

Please refer to the PDF attached below for the more information about the impact on customers and their counterparties highlighting specific details on the migration in addition to the generic migration and cut-over details published on 28 September 2017.

The Market Link Guide - Italy, with validity from 26 March 2018 is available on the Clearstream Banking website.

Further information

For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.

 

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1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for Clearstream Banking AG customers using Creation Accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.