BaFin Three-Point Declaration (CBL)

Clearstream offers access to multiple asset classes in multiple markets. In consideration of BaFin Circular 05/2020 (WA) on the tasks and duties of the depositary according to chapter 1 part 3 of the German Investment Code, replacing former BaFin Circular 08/2015 (WA) which in turn had replaced former BaFin Circular 06/2010 (WA), Clearstream has requested Three-Point Declarations from all custodians and central securities depositories in the relevant markets.

Disclaimer

This document has been prepared exclusively for the benefit and internal use of customers of Clearstream Banking, S.A. and Clearstream Europe AG and must not be further distributed or duplicated in whole or in part by any means without the prior written consent of Clearstream except to the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) in relation to requirements of the BaFin Circular 05/2020 (WA) on the tasks and duties of the depositary according to chapter 1 part 3 of the German Investment Code.

It is neither intended to provide any representation or declaration with respect to the content or completeness of the received Three-Point Declarations and nor to confirm any compliance with the requirements as set out in the BaFin Circular 05/2020. Any information contained herein must not be relied upon in this regard. Clients should seek appropriate professional advice where necessary before taking any action based on or arising from the information contained in this document or any Three-Point Declaration.

Clearstream therefore makes no guarantees, representations or warranties and accepts no responsibility or liability as to the veracity, accuracy or completeness of this document and the Three-Point-Declarations and under no circumstances will be liable for any loss or damage caused by reliance on any information published in this document or any Three-Point-Declaration.