Croatia: Croatian CSD (SKDD) migration to T2S
Further to Announcement A23020, Clearstream Banking1 informs clients that the Central Depository and Clearing Company Inc. (SKDD) will migrate to Target2-Securities effective 11 September 2023 and SKDD confirms that all instruments will become T2S-eligible.
To prepare the upcoming change in the market, Clearstream Banking informs clients of a potential impact on settlement instructions on
20 June 2023
Impact on clients
- Clients instructing with a PSK (place of safekeeping) should use SDAHHR22 as the PSK of the Central Depository and Clearing Company Inc.
- Pending instructions with a PSK other than the one mentioned may be set as invalid or rejected.
Further details that impact Clearstream Banking clients will be provided in due course.
For further information, clients 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 clients using the Creation platform), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.