Automated file exchange for transfer agents


Clearstream Banking1 reminds transfer agents and registrars with which Clearstream Banking has engaged in registration of customer positions of the following regulatory requirements as set out in the Regulation EU 909/2014 on improving securities settlement in the EU and on central securities depositories (CSDR) and the delegated EU regulation 2017/392 (ESMA RTS).

CSDR Art 37.2 states:

“Where appropriate and if other entities are involved in the reconciliation process for a certain securities issue, such as the issuer, registrars, issuance agents, transfer agents, common depositories, other CSDs or other entities, the CSD and any such entities shall organise adequate cooperation and information exchange measures with each other so that the integrity of the issue is maintained.”

In this respect, Clearstream Banking provides a secure way of transferring reports to agents by means of file transfer via internet (Xact File Transfer). This secure file transfer connectivity channel is available immediately for transfer agents wishing to send position statements to Clearstream Banking.

From 18 November 2019, all transfer agents that send statements of holdings via file transfer will also receive Clearstream Banking’s Open Items reports via this channel.

Further information

For further information, please contact Clearstream Banking Client Services or your Relationship Officer.


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, registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.