CFCL General information – Norway

FATCA GIIN

Not available

N1V1GJ.00000.LE.442

NXUTG8.00192.ME.372

LEI

5967007LIEEXZX9IE075

549300OL514RA0SXJJ44

N1FBEDJ5J41VKZLO2475

Country of incorporation

Norway

Luxembourg

Ireland

Account type

Omnibus

 Segregated

Mirror omnibus

Legal Account name/holder

Clearstream Banking S.A.

Clearstream Fund Centre S.A.

Clearstream Banking S.A.

Settlement free of payment

Yes

Yes

Settlement against payment

Yes

Yes

Eligible settlement currencies (between CEU, CBL and CFCL counterparties only): AUD, CAD, CHF^a , CNY, CZK, DKK, EUR, GBP, HKD, HUF, JPY, MXN, NOK, NZD, PLN, SEK, SGD, TRY, USD and ZAR.

Settlement against payment in central bank money

No

N/A

CFCL holds a cash account at DNB Bank ASA. Settlement against payment is conducted on the account of DNB Bank ASA at the local central bank.

Short selling of entitlement

No

N/A

Short selling of income or corporate actions proceeds is not authorised for settlement in CFCL. Please refer to CFCL Client Handbook.

Settlement penalty fees

Yes

N/A

Partial settlement

Yes

N/A

Recycling

Yes

N/A

Settlement with Euroclear

Yes

N/A

Hold and Release

No

N/A

Postponed until further notice.

Allegements

Yes

N/A

Transaction Linking

No

N/A

Bilateral Cancellation

Yes

N/A

Registered securities

Yes

N/A

Transaction Management

No

N/A

Proxy voting

Yes

N/A

Liquidity Hub Connect

No

N/A

Sale and purchase of rights

No

N/A

Repo services

No

N/A

Market restrictions

Yes

N/A

No ETFs that are beneficially owned by Norwegian individual residents or legal entities that are incorporated in Norway can be held through CFCL account.

FTT

No

N/A

Daily reconciliation

Yes

N/A

Link eligible for use in Eurosystem credit operations

No

N/A

Moment of entry of instructions

A settlement instruction is considered as entered into the VPO NOK system when it has been matched.

Settlement Instructions that do not require matching, that is, settlement instructions for transactions with parties other than participants in VPO NOK system, are considered as entered into the VPO NOK system at the start of the settlement.

Irrevocability of instructions

Once a settlement instruction has been matched, it cannot be recalled unless both the participants involved in the trade in question send instructions to cancel their respective settlement instructions. In such events, the cancellation instructions from both participants must be received before the start of the settlement in which the settlement instruction in question was to be processed.

If a matched settlement instruction has not been settled by the close of the specified settlement date, and one of the parties has an insufficient amount of cash or financial instruments to meet its obligations in connection with the transactions, the other party is entitled to cancel the settlement instruction unilaterally.

The right to cancel unilaterally shall apply for the duration of the deferral period. Settlement instructions cannot be cancelled in the period between the start of settlement and the completion thereof.

The entitlement to cancel unilaterally does not apply to settlement instructions relating to transfers between a participant and a participant authorised as a Central Counterparty, or possibly between two participants authorised as Central Counterparties. Exceptions to this may apply in specific circumstances.

Finality of instructions

Settlement involves the final transfer in the VPS securities register of ownership rights to financial instruments (securities settlement), the transfer of Norwegian kroner payment through Norges Bank between the VPO LOM accounts included in the Clearing (payment settlement).

CBL account:

Swift address: