U.S. Ukraine- and Russia-related sanctions update V

Clearstream Banking¹ refers to its previous Announcements (A18067, A18063, A18061, A18045 and A18043) concerning Ukraine -/Russia-related Designations and Identification and the Issuance of Ukraine- and Russia-related General Licenses 12, 12A, 13, 13A and 14 of the United States Department of the Treasury.

Customers are reminded that Clearstream Banking will accept and process settlement instructions until 5 June 2018 18:00 CET in the below securities eligible in Clearstream issued by entities covered by OFAC's General License 13A. Instructions will not be accepted if they are made after this deadline, or if they have an intended settlement date after 5 June 2018.

When instructing the receipt of any of the affected securities, customers must add the following representation into the narrative of their instruction:  “We represent that we have verified the identity of the ultimate recipient of the quantity of securities covered by this instruction and that it is neither a U.S. person nor any person who is, or who is equivalent to, a Specially Designated National by the United States Department of the Treasury.” 

For domestic market settlement, the customer delivering securities to the domestic market must either provide the same representation or represent that the instruction relates to an on-exchange transaction.

Please note that, effective 6 June 2018, pending instructions in the impacted securities will be cancelled and any positions that remain on customer accounts will be blocked.

Income and Corporate Events

With respect to expected forthcoming income events that arise between now and 22 October 2018, Clearstream Banking intends to apply the provisions of General Licenses 12A and 14.

Further information

For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.

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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.