Transaction management rules – Slovak Republic

18.03.2024

Market claims

Overview

Detection

Yes

Processing

No

Detection

Detection period

20 T2S opening days after the record date

Eligible corporate action events

All income and non-income distribution events in cash and securities

Eligible transactions for detection

Internal:

All as of status matched

External:

All as of status matched

Detection key dates

Events on securities in units:

  • Trade date
  • Ex-date
  • Record date
  • Effective settlement date

Events on securities in nominal:

  • Record date
  • Intended settlement date
  • Effective settlement date

Processing

n/a

Market specifics

Although the Slovak market is in T2S, market claims do not apply due to the fact that corporate action payments are not centralised through the CSD.

Transformations

Overview

Transformation cancellation

Yes

Transformation reinstruction

No

Detection and cancellation

Detection period

20 T2S opening days after the record date

Eligible corporate action events

All income and non-income mandatory reorganisation events in cash and securities

Eligible transactions for detection/cancellation

Internal and external:

Status matched, but still pending


Detection key dates

Mandatory reorganisation events without options:

  • Record date

Mandatory reorganisation events with options:

  • Market deadline

Processing

n/a

Market specifics

Although the Slovak market is in T2S, transformations do not apply due to the fact that corporate action payments are not centralised through the CSD.

Buyer protection

n/a

Additional information can be found in the CBL Client Handbook, the Client Handbook for clients using the OneClearstream service and the Client Handbook – LuxCSD, respectively.