Direct VP Information
Information from the VP:
"The root cause is still not clear, and we are working closely together with T2S and other affected CSDs to find a solution.
As part of handling the issue, VP paused the T2S settlement yesterday and precluded the effected ISINS to be able to start settlement related to batch 10.
A result of the issue is that End of Day statements were not sent out and some customers are experiencing reconciliation problems.
The situation now is, that settlement day 27 March is being executed according to schedule – including T2S settlement.
The precluded ISINS are still precluded (See Operational Status here). End of day Statements are sent out, though subject to further assessment for customer specific actions.
Affected customers are contacted directly by VP CSD Services.
The timeframe for solving this pan European issue is still unknown, but Operational information will be published during the day."