Domestic Markets Monitoring Report now accessible via Clearstream website for report subscribers
customers of Clearstream Banking 1 that have subscribed to Clearstream´s Domestic Markets Monitoring Report (DMMR) can access the most recent version of the report through a dedicated closed user access section of the Clearstream website.
How to access the DMMR
Customers can choose to display the PDF report on an individual market basis or as a whole, covering the more than 90 links across 54 markets that Clearstream is currently maintaining.
Existing subscribers are granted with access to the DMMR pages automatically as long as they are already registered users of the Clearstream website2.
New report subscribers will have to register as Clearstream website users to be provided with the closed user group access upon receipt of their valid DMMR subscription form and indication of their personal corporate email address (access through a group email address is not possible).
How to subscribe to the service
The DMMR subscription form can also be found on the Clearstream website under Key Documents/ICSD/Account opening forms or customers can request it from their Relationship Officer. A sample report can be provided to customers upon request.
Background of the DMMR
The Domestic Markets Monitoring Report was initially launched in May 2014 to support the due diligence obligations and the regulatory related functions that a customer may be required to perform, particularly where, for example, it is acting as a “depositary bank” under AIFMD3 or UCITS V4.
The report supplements existing materials by providing additional reporting on the domestic market links maintained by Clearstream Banking S.A. (Creation) and those maintained by Clearstream Banking AG (CASCADE).
For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.
1. Clearstream Banking refers collectively to 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 (CBF) and Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Register of Commerce and Companies under number B-9248 (CBL).
2. Existing subscribers should note that the website publication replaces the previous report provision process via email.
3. Alternative Investment Fund Managers Directive 2011/61/EU (AIFMD) came into force in 2011 and was to be transposed to the national laws of all 27 EU member states by July 2013. Among other things, AIFMs are required to provide reporting to their upstream regulators and investors that demonstrates their understanding of the custody chain through which securities belonging to an AIF are held.
4. Proposal for a Directive amending Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities.