OneClearstream rollout documentation

12.10.2022

The OneClearstream service rollout related customer documentation can be found consolidated on this page by topic and market.

Further documentation will be added as more market links are activated.

A list of T2S CSD-in securities that have been migrated to OneClearstream is available here.

OneClearstream service description 

Customers with CBF CASCADE accounts should refer to:

  • The OneClearstream Customer Handbook that describes the OneClearstream asset servicing processes for customers of Clearstream Banking Frankfurt using the OneClearstream service.
  • The OneClearstream Functional Specifications 4.11 1 which provides guidance to customers regarding upcoming OneClearstream migrations. It describes on a market by market basis OneClearstream services and processes applied to the Investor-CSD links (that is, non CBF issued securities). The activation of OneClearstream services for CBF Investor CSD links is subject to a pre-defined mandatory rollout timeline per market. This document is published through multiple document releases and does not replace the customary OneClearstream documentation.
  • The  OneClearstream Asset servicing - CBF issued securities  document that describes the OneClearstream asset servicing processes for CBF as the Issuer-CSD. The activation of OneClearstream services for CBF-issued securities is optional.
    Note: As part of the Corporate Action Harmonisation (CAH) Project as of 21 November 2022, asset servicing for CBF-issued securities will be upgraded to OneClearstream Asset Servicing level (CAH – KADI DE migration to OneCAS) and becomes mandatory for all customers with CBF, CBF-i and CBL accounts. This applies only for migrated CBF-issued securities and respective events. For details, customers should refer to the respective announcements and Detailed Functional Specifications which are provided below in the market-specific migration information for the German market.

Customers with CBL or CBF-i accounts are informed about the changes to the existing services via Release information and dedicated announcements. 

Migration and Activation Guides

Customers with CBF CASCADE accounts should refer to the  OneClearstream Migration Guide 2 that describes the generic cutover impacts for the following migration scenarios:

  • Mandatory migrations for existing CBF links:
    • CBF Investor-CSD link migration under OneClearstream.
  • Voluntary migration:
    • Individual customer migration under OneClearstream asset servicing for CBF-issued securities;
    • Individual customer migration under OneClearstream settlement input and reporting.

For the generic cutover impacts for the OneClearstream activation of the new CBF links, customers with CBF CASCADE accounts should refer to the “ OneClearstream New Link Activation Guide ”.

Customers with CBL or CBF-i accounts should refer to Announcement A17129 for an overview of the generic migration principles and preparation activities. Cutover impacts related to specific market migration are published via dedicated announcements.

Subscription forms

Xact Web Portal documentation

Documentation and video tutorials can be found on the Xact Web Portal documentation page.

Market-specific migration information

Denmark

Activation Date: 11 July 2022

CBF accounts

CBL or CBF-i accounts

Market coverage

Market Link Guide - Denmark

Cutover announcements

D22009: "OneClearstream migration to Denmark"

D22041: Denmark: Tax reclaim service available

C22015: OneClearstream migration to Denmark (VP/Euronext Securities Copenhagen)

A22087: Denmark: New power of attorney required for tax reclaim service 

List of ISINs

List of eligible ISINs - Denmark

Exception list of ISINs - Denmark

Germany – Mandatory asset servicing upgrade to OneClearstream asset servicing level (CAH – KADI DE migration to OneCAS)

Activation Date:21 November 2022

CBF accounts

CBL or
CBF-i accounts

Market coverage

Market Link Guide - Germany

Cutover announcements

D22016: "Corporate Actions Harmonisation - KADI DE migration to OneClearstream Asset Servicing (OneCAS)"

C22009: "Harmonisation of Clearstream Banking’s asset services"

Simulation 

Customer Simulation Guide

Customer Simulation Registration Form

 
Detailed Functional SpecificationsCAH KADI DE Migration to OneCAS - Detailed Functional Specifications - Updated (October 2022)

Lists of ISINs

  

Eurobonds Phase 2

Activation date Step 1: 22 March 2021

Activation date Step 2: 19 April 2021

CBF accounts

CBL or CBF-i accounts

Market coverage

Market Link Guide - International (CBF)

Cutover announcements

C20043: "Eurobonds eligibility in T2S  - Phase 2 - update" 

List of ISINs

List of eligible Eurobonds ISINs - Step 1

List of eligible Eurobonds ISINs - Step 2

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1. The OneClearstream Functional Specifications must be read in conjunction with the Release information published prior to each implementation of OneClearstream services and with additional announcements that address the needs of particular products or services in order to understand future service and Legacy impacts.

2. The Migration guide must be read in conjunction with the cutover announcements published prior to each implementation of OneClearstream services that address the migration impacts specific to each market (for example, tax certification).