Croatia: Croatian CSD (SKDD) to join T2S
Clearstream Banking1 informs customers that the Central Depository & Clearing Company Inc (SKDD) plans to migrate to TARGET2-Securities (T2S) effective
11 September 2023
The T2S framework agreement has been signed between ECB and SKDD to prepare the Croatian CSD’s migration to T2S.
Clearstream Banking has an indirect link to SKDD, via Erste Group Bank AG.
Impact on customers
Clearstream Banking confirms that any changes will be supported to ensure the continuation of the link.
SKDD confirms that all instruments will become T2S-eligible.
Further details that impact Clearstream Banking customers will be provided in due course.
For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.
1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for Clearstream Banking AG customers using Creation Accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.