Asset servicing - Taiwan

10.09.2019

Income collection

Service offeredRemarks
Notification to customers

Standard Asset Servicing reporting via SWIFT MT56x, Xact Web Portal, CreationOnline and Xact File Transfer.

See Section 8 “Asset servicing” of the Customer Handbook.

See Connectivity manuals on the Clearstream website.

Payment of proceeds

Proceeds are calculated based on the positions recorded at the close of business on the record date and paid to the customer's account upon successful receipt and reconciliation of funds. Proceeds will be paid with the value with which they are received. 

Funds under the Available for Cash Loan (ACL) concept, when applicable, are paid with good value.  

The payment method to be applied is reported via MT564 IPAR and Xact Web Portal IPAR.

For further details on entries qualified as ACL, please refer to the section “5.6 Financing: availability of funds” of the Customer Handbook.

Corporate actions

Standard reporting is used for notification to customers; instruction to CBL is performed via standard processes. For further details, please refer to the CBL Customer Handbook.

Sale and purchase of rights

The sale or purchase of rights is not allowed in the Taiwanese market.

Proxy Voting procedures

Not applicable.

Entitlement compensation rules

Please refer to the Entitlement Compensation Rules - Taiwan.